"Prime Minister Mark Carney announced Friday Canada will be removing retaliatory tariffs on most U.S. goods starting next month. In March, Ottawa imposed a 25 per cent counter-tariff on $60 billion worth of goods after Washington threatened to levy a 25 per cent tax on all Canadian exports, which was later only applied to goods that didn't comply with the Canada-U.S.-Mexico Agreement (CUSMA). The U.S. tariffs were raised to 35 per cent on Aug. 1."
"A swath of poultry products, including turkey, chicken and eggs. Dairy products, including milk, cream, butter, yogurt, cheeses, ice cream and margarine. Various spices and seasonings, including: vanilla, pepper, cinnamon, nutmeg, thyme, ginger, cumin and others. Fruits and vegetables, including tomatoes, cucumbers, citrus fruits, melons, berries and stone fruits. Coffee and tea. Grain products, including wheat, rye, barley, oats and rice."
Canada will remove retaliatory tariffs on most U.S. goods that comply with the Canada-U.S.-Mexico Agreement (CUSMA) effective Sept. 1. Ottawa imposed a 25 per cent counter-tariff in March on $60 billion of U.S. goods after a U.S. threat of a 25 per cent tax; the U.S. later applied tariffs only to non-CUSMA-compliant goods and raised tariffs to 35 per cent on Aug. 1. The U.S. maintains industry-specific tariffs affecting Canadian steel, aluminum, autos, copper, lumber and energy. Canada will retain tariffs on steel, aluminum and autos while negotiating a new trading relationship. Numerous food and consumer goods will become tariff-free.
Read at www.cbc.ca
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