Recently, the Canadian government announced a significant decision to adjust its tariff policy on American products. This move aims to ease trade tensions with the United States and also reflects Canada's flexible attitude in international trade.



According to reliable sources, Canadian Prime Minister Mark Carney plans to officially announce this decision after the cabinet meeting this Friday. The core content of this adjustment is the removal of retaliatory tariffs on many American products that comply with the North American Free Trade Agreement.

This means that as long as the terms of the USMCA are met, a large number of American consumer goods will no longer face the high tariff of 25% when entering the Canadian market. This will undoubtedly inject new vitality into trade between the two countries and promote bilateral economic cooperation.

However, it is worth noting that the Canadian government may continue to maintain a 25% import tariff on U.S. steel and aluminum products, as well as tariffs on U.S. automobiles. The tariff policies in these industries echo the measures previously implemented by the U.S. president, indicating that Canada remains cautious in certain specific areas.

The adjustment of this tariff policy reflects the strategic considerations of the Canadian government in international trade. On one hand, it demonstrates Canada's sincerity in improving relations with the United States; on the other hand, it also reflects Canada's firm stance in safeguarding its national interests.

How this decision will affect the future economic and trade relations between the two countries, as well as what kind of impact it will have on the overall economic landscape of North America, is worth our continued attention. In any case, this policy adjustment undoubtedly opens up new possibilities for alleviating trade friction between Canada and the U.S.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
GweiWatchervip
· 5h ago
When will the trade policy be implemented?
View OriginalReply0
pumpamentalistvip
· 8h ago
Don't talk about policies in the next bull run.
View OriginalReply0
¯\_(ツ)_/¯vip
· 08-24 19:25
The trap politicians are playing again.
View OriginalReply0
BlockchainArchaeologistvip
· 08-24 08:09
This wave is just another act of shifting blame, isn't it?
View OriginalReply0
DegenWhisperervip
· 08-22 17:51
Finally, Jiama Da has figured it out.
View OriginalReply0
NeverVoteOnDAOvip
· 08-22 17:50
Trading back and forth is not as good as buying coins to make money.
View OriginalReply0
AlphaBrainvip
· 08-22 17:47
The price of steel is going to rise.
View OriginalReply0
MeaninglessApevip
· 08-22 17:36
play people for suckers赚钱呗
View OriginalReply0
EyeOfTheTokenStormvip
· 08-22 17:34
Unfavourable Information directly Get Liquidated! Market fluctuations are imminent! Risk control first!
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)