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“Today’s announcement provides some relief going forward; however, businesses have already paid millions of dollars in counter-tariffs”

Carney announces that Canada is dropping many retaliatory tariffs on U.S. goods


By News on the Net -- TORONTO SUN & Lorrie Goldstein——--August 22, 2025

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OTTAWA — Canada will drop some retaliatory tariffs on American products to match U.S. tariff exemptions for goods covered under the Canada-United States-Mexico Agreement, Prime Minister Mark Carney announced Friday.

After meeting with his cabinet, Carney said at a news conference his decision will take effect on Sept. 1, 2025. ---More...


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