Carney Says He’ll Look at Opportunities to Remove Tariffs on US
Canadian Prime Minister Mark Carney
Photographer: David Kawai/BloombergPrime Minister Mark Carney said Canada will look at whether to remove some counter-tariffs against the US, despite winning an election in which he pledged to fight back against President Donald Trump’s trade war.
Carney said retaliatory tariffs should be designed to maximize the impact on the US but minimize the pain for Canadian businesses. When the US changes its tariff rate, “we don’t automatically adjust. We look at what we can do for our industry that’s most effective,” he said in West Kelowna, British Columbia.