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U.S. Agrees To Lift Metals Tariffs For Canada And Mexico

WorldNews Friday, 17 May 2019 ()
U.S. Agrees To Lift Metals Tariffs For Canada And MexicoThe United States has reached a deal to lift steel and aluminum tariffs on Canada and Mexico, removing a key obstacle to passing updates to the North American Free Trade Agreement, two people familiar with the matter told CNBC Friday. In a joint statement Friday, the Canadian and American governments said the U.S. will scrap the metals duties within two days. Canada will remove tariffs levied on American goods in retaliation for the steel and aluminum duties. They will also drop all pending litigation in the World Trade Organization related to the tariffs, set up measures to “prevent the importation of aluminum or steel that is unfairly subsidized and/or sold at dumped prices” and “prevent...
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News video: U.S. Nears Removal of Tariffs On Canada, Mexico Metals

U.S. Nears Removal of Tariffs On Canada, Mexico Metals 00:33

According to Reuters, the United States is close to a deal to remove tariffs on steel and aluminum imports from Canada and Mexico, which could help the three countries’ trade pact get ratified in the U.S. Congress. Media reports said that the effective date for removing the tariffs was the...

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