TORONTO: Canada is dropping retaliatory tariffs to match US tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday (A

Canada is dropping many of its retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday. Carney said Canada will include the carve-out that the U.

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Canadian Prime Minister Mark Carney and President Trump are planning further talks regarding trade and a new economic and security agreement between the U.S. and Canada. Canada is the sole Group of Seven country that didn't reach a tariffs deal with the U.

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We have the best deal of anyone in the world right now,” Carney told reporters in Ottawa, noting that the average U.S. tariff rate on Canadian goods is 5.6 percent, the lowest among America’s trading partners.