Ottawa, Aug. 22 -- Prime Minister Mark Carney on Friday announced that Canada will remove all tariffs on US goods covered under the Canada-US-Mexico Agreement (CUSMA) by September 1, CBC News reported.

However, Canada will retain its tariffs on certain key products, including steel, aluminium, and autos, as the country navigates its trading relationship with the US.

Despite the ongoing trade tensions and US-imposed tariffs on various Canadian exports, such as steel, aluminium, autos, copper, lumber, and energy, Carney highlighted that a substantial portion of Canada-US trade remains tariff-free, as per CBC News.

He further noted that 85 per cent of trade between the two countries is not subject to tariffs, which he considers a better d...