BTCC / BTCC Square / CoingabbarEN /
Canada Scraps US Tariffs in Bold Move to Defuse Trump Trade War Tensions

Canada Scraps US Tariffs in Bold Move to Defuse Trump Trade War Tensions

Published:
2025-08-22 23:40:00
10
2

BREAKING: Ottawa drops hammer on tariffs in strategic pivot toward trade détente.

The De-escalation Play

Canada just axed retaliatory tariffs against US goods—no half-measures, no phased approach. The move signals a sharp reversal from previous trade posturing and delivers exactly what markets hate: predictability.

Timing Over Tactics

Announced hours before key negotiations resume, the decision sidelines political theater in favor of cold, hard economic pragmatism. Because nothing says 'let's make a deal' like unilaterally disarming first.

Finance Wins, Again

Trade lawyers lose billable hours, logistics firms regain certainty, and Wall Street gets another crisis averted—all while Main Street remembers tariffs were ever a thing. Typical.

Canada has said it will soon eliminate US tariffs on the billions of dollars in American goods that it levied as the new Prime Minister Mark Carney shifted trade-policy. The government confirmed that $21.7 billion in US consumer products will no longer face a 25% duty, though tar... Read More

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users