Canada will remove retaliatory tariffs on many U.S. products that are covered under the U.S.-Mexico-Canada Agreement, or USMCA, Prime Minister Mark Carney said at a press conference on Friday.

The move by Canada is expected to reduce tensions with the U.S., as the two nations work to hash out a trade agreement.

Speaking to reporters on Friday after a call with Carney the previous day, President Trump said it was "nice" of the prime minister to withdraw the Canadian tariffs.

"I like Carney a lot," Mr. Trump said. "I think he's a good, good person, and we had a very good talk yesterday, so I think it'll be good."

Carney said in a press conference that the U.S. tariff rate on Canadian goods was 5.6%, noting that "85% of our trade is tariff-free."

Reached for comment before the press

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