Canada, Mexico, Want Steel and Aluminum Tariffs Lifted

Dan Industry News Release, Trade

Canada and Mexico want the U.S. to remove steel and aluminum tariffs now that a NAFTA 2.0 framework is in place.

steelCanada has asked the U.S. to lift the tariffs “as soon as possible.” Mexico’s top negotiator for the North American Free Trade Agreement, now the U.S.-Mexico-Canada Agreement, says Mexico should not sign the agreement until the tariffs have been lifted, according to Politico.

Canadian Foreign Minister Chrystia Freeland, along with Mexican counterparts, urged the U.S. to lift the tariffs earlier this week. U.S. Department of Agriculture Secretary Sonny Perdue has previously called on Trump to remove the barriers, as well.

Earlier this month, Perdue said that with an agreement now between the U.S., Mexico and Canada, “I think it’s time we go back to our previous relationship which had no tariffs on steel and aluminum.” Perdue says benefits of the agreement would be limited until the tariffs were removed.

Source: National Association of Farm Broadcasting News Service.