Canada will adjust its steel retaliatory tariffs based on “consistent” progress made on trade negotiations with the United States on July 21, Canadian Prime Minister Mark Carney said Thursday.
Carney did not specify what the additional retaliatory tariffs would look like.
He said the two nations would open a 30-day negotiation window to try to reach a trade deal.
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“In parallel, we must reinforce our strength at home and safeguard Canadian workers and businesses from the unjust U.S. tariffs,” Carney said.
In March, President Donald Trump imposed a 25% tariff on all steel and aluminum imports and increased the rate to 50% earlier this month. Canada retaliated with a 25% counter-tariff.
Canada’s Prime Minister Mark Carney talks with President Donald Trump before a group photo
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