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Canada removes large part prices:
VAT Gatineau | August 22. 2025
The Government of Canada puts an end to the majority of the US-won counter-tariffs in the Canada-US-Mexico (ACEUM) canada removes large part prices Agreement.
The decision, announced by the Minister of Finance Mark Carney, will come into force on September 1, 2025.
Concretely, several American consumer goods, including wine, clothes and orange juice, will no longer be subject to a surcharge of 25 %. Certain measures will however remain in place for sectors deemed strategic.
This announcement comes the day after a telephone interview between Mark Carney and US President Donald Trump.
The two leaders spoke of the pursuit of their discussions, in a context marked by persistent trade tensions.
The region’s business community welcomes the lifting of these counters. believing that it will reduce costs for consumers and to lighten pressure on certain companies.
The grouping of business people (RGA) recalls. however, that several prices remain and that commercial uncertainty continues to weaken many sectors.
The organization also insists on the importance of maintaining local purchase at the canada removes large part prices heart of economic priorities.
In public opinion. the decision arouses shared reactions, some welcoming welcome relief while others are worried about the consequences for Canadian production.
With information from Marika Gauthier
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canada removes large part prices — Canada removes large part. prices: Canada removes a large part of the prices – TVA Gatineau .
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