🏆 Canada announced Friday it was dropping most of its counter-tariffs of 25% on U.S. goods. 🏆

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• Canada announced Friday it was dropping most of its counter-tariffs of 25% on U.S. goods

Prime Minister Mark Carney is scrapping Canada’s punishing tariffs on billions of dollars worth of American products in hopes of making trade peace with the Trump administration.

Carney will announce the sweeping policy shift Friday after a cabinet meeting, removing 25% tariffs on a vast range of US consumer goods that comply with the North American trade agreement, Bloomberg News reported.

The move represents a stunning about-face for Canada, which had been one of the few countries to aggressively punch back against President Donald Trump’s protectionist agenda.