SITUATION REPORT

Canada, U.S.: Canada Scraps Retaliatory Tariffs on USMCA-Compliant Goods

Aug 22, 2025 | 16:40 GMT

Canadian Prime Minister Mark Carney announced that the country would drop its retaliatory tariffs on U.S. goods that comply with the U.S.-Mexico-Canada Agreement (USMCA) rules of origin requirements, CTV News reported on Aug. 22, a day after Carney spoke with U.S. President Donald Trump. ...

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