The change will go into effect on Sept. 1, Carney added, saying he believes Canada has the best trade deal out of all of the countries working with the U.S.

Canada will remove all tariffs on goods from the United States that are covered by the Canada-U.S.-Mexico Agreement by Sept. 1, Prime Minister Mark Carney announced on Friday.

Canada's Prime Minister Mark Carney speaks after Canada announced that it is removing many retaliatory tariffs on U.S. goods as a goodwill gesture designed to restart stalled trade talks, during a press conference on Parliament Hill in Ottawa, Ontario, Canada, August 22, 2025. REUTERS/James Park