Canada to remove many retaliatory tariffs on US goods, says source

Canada will announce on Friday that it is removing many retaliatory tariffs on U.S. goods, a source familiar with the matter said.

Canadian tariffs on U.S. autos, steel and aluminum will remain for now, said the source, who requested anonymity given the sensitivity of the situation.

Prime Minister Mark Carney is scheduled to give a press conference at noon Eastern Time (1600 GMT) on Friday.