Ottawa is likely to keep 25% import taxes on U.S. steel and aluminum products, as well as its tariffs on U.S. autos
Canada will remove its retaliatory tariffs on a long list of U.S. products that comply with the existing North American trade deal, seeking to lower tensions with the White House.
Prime Minister Mark Carney is expected to announce the decision Friday after a meeting with his cabinet. The government will change its tariff policy to align more closely with U.S. measures, according to people familiar with the matter, speaking on condition they not be identified in order to discuss the issue.
That means a broad range of U.S.-made consumer products will no longer face a 25 per cent tariff when imported into Canada, as long as they’re shipped in compliance with the provisions of the Canada-United-States-Mexico-Agreement (CUSMA).
