Informed Source: Canada Will Decide to Cancel Many Countervailing Duties on American Goods
August 22, 202554 ViewsRead Time: 1 minutes
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Reuters reported from an informed source that Canada will decide today, Friday, to cancel many countervailing duties on American goods in a goodwill gesture aimed at resuming stalled trade talks.
The source, who requested anonymity due to the sensitivity of the matter, stated that Canadian tariffs on American cars, steel, and aluminum will remain in effect for the time being.
Canadian Prime Minister Mark Carney is scheduled to hold a press conference today, Friday.
The source, who requested anonymity due to the sensitivity of the matter, stated that Canadian tariffs on American cars, steel, and aluminum will remain in effect for the time being.
Canadian Prime Minister Mark Carney is scheduled to hold a press conference today, Friday.
It is worth noting that Carney won the elections held in April against the backdrop of his promise to tackle the tariffs imposed by U.S. President Donald Trump, but he has adopted a softer tone since then.
