Canada Pauses Retaliation as U.S. Weighs Tariff Rollbacks on Goods Not Made in the U.S.

Overview

• Prime Minister Mark Carney said Ottawa will not impose counter-tariffs while trade talks with Washington continue, according to the Globe and Mail.
• The Wall Street Journal reports the administration is considering removing or reducing duties on imports that are not produced domestically.
• In recent weeks President Trump has exempted dozens of items from so-called mutual tariffs and proposed excluding hundreds more if countries strike deals with the United States.
• The emerging approach marks a shift from Commerce Secretary Howard Latnik’s earlier position that there would be no exceptions to the response tariffs.
• The administration petitioned the Supreme Court on September 4 to overturn a D.C. Circuit ruling that found many tariffs unlawful, and officials are reportedly adjusting policy in case the court upholds that decision.