News
Canada drops 25% tariffs on most US goods after renewed trade talks with Trump
OTTOWA (TNND) — Canada announced on Friday that it is dropping its 25% retaliatory tariffs on most U.S. goods as a way to revamp the trading relationship after the two countries failed to negotiate before Trump's self-imposed Aug. 1 deadline.
Carney says Canada's trade with U.S. is mostly tariff-free. But that's not the whole story
Prime Minister Mark Carney said "85 per cent of the trade between Canada and the United States is tariff-free" despite U.S. President Donald Trump imposing 35 per cent tariffs on goods that aren't compliant with the Canada-U.
20d
Crucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs
A key carve-out for Canada and Mexico shields the vast majority of goods from the punishing duties, even though U.S.
COMMERCE SECRETARY HOWARD LUTNICK: See, that's silly. We have a plan called USMCA—the U.S.–Mexico–Canada Agreement. Virtually 75% of goods from Mexico and Canada are tariff-free.
Note: *The U.S. has free trade agreements with Canada and Mexico and with South Korea that eliminate nearly all tariffs ...
"Tariffs will disrupt an incredibly successful trading relationship," Trudeau said. He added that they would violate the U.S.-Mexico-Canada free trade agreement signed by Trump in his first term ...
Canada said the new quotas will be reviewed in 30 days based on evolving market circumstances, including progress in the broader trading arrangement with the U.S., and then periodically thereafter ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback