Wednesday, February 27, 2019

Canada wants steel, aluminum tariffs dropped

Canada is telling the United States it won’t sign the free trade agreement that includes Mexico unless and until the U.S. drops its tariffs on steel and aluminum from Canada.

But there is also speculation in Ottawa that Canada is prepared to negotiate a limit on steel and aluminum exports to the U.S., in effect preventing Canada from becoming a back door for companies in other countries that want to avoid U.S. tariffs.

United States President Donald Trump has repeated that he wants the deal his administration negotiated to be approved by all three countries.

In the U.S., that the Senate. In Canada it requires the government to introduce legislation to Parliament.