Canada Withdraws Tariffs on US Goods, White House Calls Move 'Overdue'

Source: International Business Times

Canadian Prime Minister Mark Carney speaks during a press conference at the National News Theater on Parliament Hill in Ottawa, Ontario, Canada on August 22, 2025. Canada has officially removed many of its retaliatory tariffs on US products, a decision that could ease recent trade tensions between the two countries. Prime Minister Mark Carney announced the move during a press conference on Friday, calling it a step toward renewed cooperation under the US-Mexico-Canada Agreement (USMCA).