Canadian Prime Minister Mark Carney has said that his country will drop retaliatory tariffs in tandem with tariff exemptions offered by the United States, as the two ease away from their costly trade war.
Speaking to reporters on Friday, Carney said that the US clarified that it will not impose tariffs on Canadian goods that comply with the US-Mexico-Canada free trade agreement. Some tariffs on sectors such as steel, aluminium, and cars will remain in place.
