US, Canada progress towards trade deal that could see steel, aluminum tariffs halved: Report
The tentative trade pact would lower tariffs on some steel and aluminum products from 50% to 25%.
The tentative trade pact would lower tariffs on some steel and aluminum products from 50% to 25%.
The proposed extension would last for one year.
U.S-China trade negotiations have another 90 moratorium, so it does suggest that perhaps the USMCA partners may next up on the agenda.
Would a 25% tariff be a win for Canada?
Canada's new trade rules may be retaliation, but it's also starting to look like long-term industrial strategy.