Moscow, Aug. 1 -- The Canadian government is disappointed by US President Donald Trump's decision to raise tariffs on Canadian goods from 25 per cent to 35 per cent starting from August 1, but remains committed to the CUSMA trade agreement between the US, Canada and Mexico, Canadian Prime Minister Mark Carney said.
"President Trump has announced that the United States will increase its tariffs to 35% on those Canadian exports that are not covered under the Canada-United States-Mexico Agreement, or CUSMA. While the Canadian government is disappointed by this action, we remain committed to CUSMA, which is the world's second-largest free trade agreement by trading volume," the prime minister said in a statement.
According to Carney, the US t...