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Canada Drops Tariffs, Shifts Focus to Security Cooperation

8/26/2025

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Summary

Story summary

Canada will eliminate several retaliatory tariffs to match U.S. exemptions under the USMCA, announced Prime Minister Mark Carney.
Over 85% of Canada-U.S. trade remains tariff-free, despite specific tariffs on steel and aluminum.
Carney's visit to Ukraine underscores a shift in focus from tariffs to enhancing security cooperation between the U.S. and Canada.

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Story summary

Canada will eliminate several retaliatory tariffs to match U.S. exemptions under the USMCA, announced Prime Minister Mark Carney.
Over 85% of Canada-U.S. trade remains tariff-free, despite specific tariffs on steel and aluminum.
Carney's visit to Ukraine underscores a shift in focus from tariffs to enhancing security cooperation between the U.S. and Canada.