- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Tariffs on U.S. autos, steel and aluminum will remain for now
Canada will remove all tariffs on goods from the United States that are covered by the Canada-U.S.-Mexico Agreement (CUSMA) by Sept. 1, Prime Minister Mark Carney announced Friday.
The prime minister said Canada will maintain its tariffs on steel, aluminum and autos as the Liberal government works with the U.S. to craft a new trading relationship between the two countries.
Carney said that despite the ongoing trade war, and U.S. tariffs on steel, aluminum, autos, copper, lumber and energy, 85 per cent of trade with the U.S. is still tariff free, which is a better deal than other countries have.
“As we work to address outstanding trade issues with the U.S., it is important we do everything can to preserve this unique advantage for Canadian workers and their families,” Carney said.
I hope we got something good in exchange. Otherwise we’ll just look like victims and it will invite more bullying.