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Canada to Lift Most Tariffs on U.S. Goods Sept. 1, Keeping Levies on Steel, Aluminum and Autos

Some grocery prices are expected to ease gradually as retailers clear tariff‑priced inventory.

Overview

  • Starting Sept. 1, Ottawa will mirror U.S. duties by limiting countermeasures to goods that are not compliant with CUSMA, rolling back most of the spring retaliatory list.
  • Experts say price declines will be uneven and timing will vary by product, with perishables such as Florida orange juice likely to fall first as stock turns over.
  • Loblaw says prices will come down over time as higher‑cost inventory sells through and it will keep shelf “T” labels on items still affected by tariffs.
  • Vehicle prices are expected to remain elevated because auto tariffs persist and multinationals are spreading U.S. tariff‑related costs globally, with the average used car at $33,614.
  • Independent grocers expect faster relief in rural and Northern communities, while a lingering buy‑Canadian shift and renewed U.S. competition could shape demand and margins.