Canada, Carney and tariffs
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Canada is dropping 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.
Prime Minister Mark Carney will still obviously be judged on how he navigates the current dispute. But deal or no deal — tariffs or no tariffs — the larger question is how Canada should navigate this new world.
By David Ljunggren and Promit Mukherjee OTTAWA (Reuters) -Canada will remove many retaliatory import tariffs on U.S. goods and intensify contacts with the United States on striking a new trade and security relationship,
Canada is the lone Group of Seven economy that has failed to reach a tariff deal with the U.S. before Trump's deadline. Carney won an election in April, arguing his experience--as a former banker at Goldman Sachs and a central banker in two countries--made him the best person to navigate the economy through the Trump administration.