Canada backs down and cancels tariffs on imports from the US!
Canadian Prime Minister Trudeau announced that the Canadian authorities will cancel retaliatory import tariffs on a series of American goods, which will be supplied according to the provisions of the US-Canada-Mexico Free Trade Agreement.
"The Canadian government has eliminated all tariffs on American goods covered by the North American Free Trade Agreement. This measure will take effect on September 1, 2025. Canada will retain tariffs on steel, aluminum, and automobiles, as we are closely cooperating with the United States to address these issues."
The White House welcomed this move: "We welcome this step that Canada has taken for a long time. We look forward to continuing negotiations with Canada on trade and national security issues."
Original source: www.toutiao.com/article/1841190734355468/
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