Canada plans to lift tariffs on some US goods to resume trade talks: report

Canada announced on Friday that it will remove many revenge definitions imposed on American goods as a sign of goodwill that aims to resume the trade conversations that have stopped.

The Canadian customs tariffs will be raised on the goods compatible with the United States and Mexico-Linka (USMCA) agreement under this step, while the customs tariff imposed on American, steel and aluminum cars will remain valid at the present time.

“In this context and is in line with Canada’s commitment to USMCA, it announced today that the Canadian government will coincide with the United States now by removing all customs tariffs in Canada specifically under USMCA,” Canadian Prime Minister Mark Carne said at a press conference in Ottawa at a press conference in Ottawa at a press conference in Ottawa.

“Canada and the United States have now restored the free trade of the vast majority of our goods,” Carney added. He also stressed that compared to commercial partners, Canadian exports are still subject to a relatively low level of American definitions.

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“Canada currently has the best commercial deal with the United States. Although it is different from what we had before, it is still better than any other country,” Carney said.

Carney said President Donald Trump told him that the move would launch trade negotiations.

“We welcome this step by Canada, which has long been late,” a White House official told Fox News. “We look forward to continuing our discussions with Canada on commercial administration and national security concerns.”

In late June, the Canadian government canceled plans for the digital services tax that ignited American companies, especially in the technology sector, in an attempt to remove a thorny issue of commercial negotiations.

The United States and Canada have a deep commercial relationship. (Photo by Jason Redmond / AFP via Getty Images / Getty Images)

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Last month, Carney and his government recently dropped more escalating tariffs on the United States if the countries were not able to reach a deal by August 1.

The United States and Canada were constantly the largest or largest commercial partners in each other, as the US Trade Actor’s Office indicated that Canada was the leading destination in American exports in 2024, and the third largest source of imported goods. Canada has been exported more than three quarters of its commodities to the United States, and nearly half of its imports came from the United States

The supply chain in the automotive industry in North America is intertwined between the United States and Canada. (Photographer: Emily Elconine / Bloomberg via Getty Earth / Tire)

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The main American exports to Canada are vehicles, machinery and energy, along with about $ 30 billion in agricultural commodities.

Basic exports in Canada to the United States are energy products and vehicles, as well as more than $ 40 billion in agricultural commodities.

Fox News Patrick Ward and Reuters contributed to this report.