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Canada to Lift Tariffs on Many U.S. Goods, Keeps Steel, Aluminum, and Auto Tariffs

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Quiver Quantitative

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August 23, 2025

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Barchart

Canada will remove retaliatory tariffs on a wide range of U.S. goods that comply with the US-Mexico-Canada Agreement (USMCA), while maintaining levies on U.S. autos, steel, and aluminum. Prime Minister Mark Carney is expected to announce the policy shift Friday following a cabinet meeting.

  • Canada’s move aligns its tariff policy more...

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