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Most of Canada’s retaliatory tariffs are gone. Now what?

Party Time!

Most of the counter-tariffs Ottawa slapped on U.S. goods earlier this year have now been removed, with a few exceptions.

Canada placed duties on $60 billion worth of U.S. goods in response to American tariffs on various Canadian goods. Those tariffs are gone as of Monday, though some levies remain on non-CUSMA-compliant goods — such as tariffs on steel and aluminum products to counter U.S. tariffs targeting those industries.


Much of the media but especially the CBC is making out that removal of the counter tariffs was some kind of Master Stroke by Carney when in fact it was just the reversal of a stupid mistake.

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