Canada is dropping many of its retaliatory tariffs to match U.S. exemptions under the USMCA, Prime Minister Mark Carney announced Friday.

Canada's Prime Minister Mark Carney said on Friday that his country will drop some of its billions of dollars in retaliatory tariffs on US goods, though it will keep levies on autos, steel and aluminium.

President Trump said he spoke to Canadian Prime Minister Mark Carney, who told him he would remove some of the retaliatory tariffs against the United States and calm trade tensions between the neighboring nations.