'Eliminating all retaliatory tariffs on US goods': Canada's big announcement; move comes day after Carney-Trump talks

Canada will eliminate tariffs on American goods covered by USMCA starting September 1. This follows a call between Prime Minister Mark Carney and US President Donald Trump. Both countries are intensifying discussions on a broader trade deal. Canada will retain tariffs on steel, aluminum, and autos. The USMCA is scheduled for review in 2026.

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