Canada is reportedly planning to remove retaliatory tariffs on USMCA-compliant U.S. goods in an effort to restart trade talks with President Donald Trump's administration.

The change will go into effect on Sept. 1, Carney added, saying he believes Canada has the best trade deal out of all of the countries working with the U.S.

Prime Minister Mark Carney said Canada will lift its tariffs on U.S. goods that comply with a free trade pact but keep tariffs on U.S. steel, aluminum and autos.

Canada will remove many retaliatory import tariffs on U.S. goods and intensify talks with the United States on striking a new trade and security relationship, Prime Minister Mark Carney said on Friday.

Canada is confident of reaching a trade deal with the US after scrapping most of its retaliatory tariffs, according to a senior minister in Mark Carney’s government.

Canada has announced its intention to drop most of the retaliatory counter-tariffs it’d imposed in March. Canadian Prime Minister Mark Carney announced on Friday that starting Sept. […]

Prime Minister Mark Carney said Canada will remove its 25% tariff on about half of the U.S. goods it has targeted since March.

Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.

The move represents an about-face for Canada, which had been one of the few countries to punch back against President Trump’s protectionist agenda.

Canadian Prime Minister Mark Carney spoke with U.S. President Donald Trump on Thursday and had "a productive and wide-ranging conversation" on trade challenges and other issues, Carney's office said in a statement.