Overview
- Prime Minister Mark Carney arrived in Germany on Monday to advance cooperation with Europe’s largest economy as Canada shifts more focus to Europe.
- Canada will lift some retaliatory tariffs to mirror CUSMA-covered U.S. exemptions, while maintaining counter-tariffs on steel, aluminum and automobiles.
- Ottawa has framed the remaining duties as bargaining leverage after President Donald Trump raised tariffs on Canadian goods to 35 percent earlier this month.
- Canada–U.S. Trade Minister Dominic LeBlanc will meet U.S. Commerce Secretary Howard Lutnick in Washington on Tuesday following the tariff adjustment.
- Germany is exploring expanded energy and defence collaboration with Canada, including a proposed Norway–Canada–Germany submarine project, even as hydrogen export plans face production delays.