US and Canada finalize tariff‑free trade agreement

Washington — President Donald Trump announced a new trade agreement with Canada that eliminates tariffs on agricultural products and a broad range of U.S. manufactured goods exported to the neighboring country. The pact, finalized after weeks of negotiations between the United States Trade Representative’s office and Canadian officials, removes the 10‑percent duty previously applied to dairy, poultry, and certain grain shipments, and lifts the 5‑percent levy on automotive parts, machinery, and technology components. Under the terms of the deal, U.S. exporters will receive immediate market access, while Canadian authorities have pledged to streamline customs procedures to accelerate the flow of goods across the border.

The tariff‑free arrangement is expected to boost U.S. farm income and support manufacturing sectors that rely on cross‑border supply chains, according to data from the Department of Agriculture and the Commerce Department. Analysts note that the agreement aligns with the broader objective of strengthening North American trade ties and may serve as a template for future negotiations with other partners. The administration indicated that the deal will be implemented within 30 days, pending standard regulatory reviews, and will be monitored for compliance through quarterly reporting mechanisms.