CANADA will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, Prime Minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington.
President Donald Trump called the move “nice”.
Speaking to reporters a day after a lengthy call with Trump, Carney said Canada has “the best deal of any country with the United States right now”.
Following a series of agreements the United States has signed with major partners including the European Union, Carney said it was clear the Trump administration is compelling countries “to buy access to the world’s largest economy”.
He said the average tariff rate on goods entering the United States from around the world was now at 16 per cent, up from two per cent before Trump took office.
The US tariff rate on Canadian goods was 5.6 per cent, the prime minister said, adding “85 per cent of our trade is tariff-free.”
AFP
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