Canadian decision to remove counter-tariffs cautiously applauded by advocates, some economists

Still, Canada shouldn't expect 'that whatever agreement we reach we can take to the bank,' says Jim Stanford, economist and director of the Centre for Future Work.
Mark Carney
Prime Minister Mark Carney announced on Aug. 22 that Canada will remove all tariffs on goods from the U.S. covered by the Canada-United States-Mexico Agreement by Sept. 1, although existing tariffs will remain on steel, aluminum and autos.

Economists and advocates are describing Prime Minister Mark Carney's decision to drop some counter-tariffs as a way to buy time and "potentially a good step forward" as the federal Liberal government attempts to reset trade negotiations with the United States.

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