After Canadian Prime Minister Mark Carney announced he would lower tariffs, President Trump said "We want to be very good to Canada. I like Carney a lot. I think he's a very good person."

Canada will remove many retaliatory import tariffs on U.S. goods and intensify talks with the United States on striking a new trade and security relationship, Prime Minister Mark Carney said on Friday.

The change will go into effect on Sept. 1, Carney added, saying he believes Canada has the best trade deal out of all of the countries working with the U.S.