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4h ago

Canada Lifts Tariffs on USMCA‑Compliant U.S. Goods to Reopen Talks

The rollback takes effect Sept. 1, preserving tariffs on steel, aluminum, autos.

Trump duplica aranceles al acero y aluminio; México, Canadá, Brasil y China entre los más afectados. | Crédito: REUTERS/X @MarkJCarney/Presidencia MX
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Los mandatarios de Estados Unidos y Canadá coincidieron en volver a dialogar "pronto" luego de que el diálogo entre Trump y Carney fuera descrito como "productivo". Foto: X @MarkJCarneyc
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Overview

  • Ottawa will remove retaliatory duties on U.S. products that qualify under the T‑MEC starting Sept. 1, aligning with U.S. exemptions.
  • Levies on U.S. steel, aluminum and automobiles remain at 25% to protect strategic industries.
  • Prime Minister Mark Carney and President Donald Trump held a "productive" call and agreed to continue dialogue to restart commercial negotiations.
  • Mexico will seek to resolve tariff issues with Washington within a 90‑day window before the 2026 T‑MEC review, according to Economy Secretary Marcelo Ebrard.
  • Canada and Mexico are coordinating positions as Canadian ministers met President Claudia Sheinbaum to prepare closer bilateral work ahead of the formal review.