Fri, 22 Aug 2025

Fri, 22 Aug 2025 Canada to drop some of its retaliatory tariffs on the US

The move comes after the two countries blew past a self-imposed deadline to reach a trade agreement.

* Canada will drop tariffs on US goods, except those related to autos, steel and aluminium
* Tariffs on $21.7bn worth of US goods will be lifted, including products like orange juice and washing machines
* The decision to lift tariffs comes after a phone call between Canadian Prime Minister Mark Carney and US President Donald Trump
* Canada will keep levies on autos, steel and aluminium in place
* The decision is effective from September 1
* White House welcomes the move, saying it's "long overdue"
* Trump says he and Carney will speak again soon
* Canadians had supported retaliatory tariffs against the US
* Conservative leader Pierre Poilievre criticizes Canada for dropping counter-tariffs, calling it a "capitulation"
  >>