On 22 August 2025, Canadian Prime Minister Mark Carney issued a statement announcing that Canada will remove all tariffs on U.S. goods specifically covered under the Canada–United States–Mexico Agreement (CUSMA), effective 1 September 2025. This follows the United States' confirmation earlier in the month that Canadian exports to the United States that are compliant with CUSMA will not be subject to U.S. International Emergency Economic Powers Act (IEEPA) tariffs. However, the statement also…