Mark Carney gives major tariff update
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Carney said Canada will include the carve-out that the US has on Canadian goods under the 2020 free trade deal that shields the vast majority of goods from the punishing duties.
Prime Minister Mark Carney is set to travel to Europe to meet with German Chancellor Friedrich Merz in Berlin on Tuesday, with the goal of "intensifying" discussions.
Prime Minister Mark Carney is removing most retaliatory tariffs on goods from the United States starting on Sept. 1. With the exception of "strategic sectors" such as steel and aluminum, all goods compliant with the Canada, U.S. and Mexico Agreement (CUSMA) will be exempt from tariffs.
Canada will remove many retaliatory import tariffs on U.S. goods and intensify contacts with the United States on striking a new trade and security relationship, Prime Minister Mark Carney said on Friday.
Carney said Thursday that he and Trump had discussed 'trade challenges, opportunities, building a new economic and security relationship between Canada and the U.S.'
Prime Minister Mark Carney will hold a news conference in Ottawa today at noon ET after meeting with his cabinet this morning. More to come
Mark Carney has been accused of a “blatant betrayal” of women’s rights after the Canadian prime minister intervened to try and block a strike by 10,000 flight attendants.