The United States has reached a deal with Canada and Mexico to immediately lift metals tariffs. 'We're done,' said one official involved in the negotiations. 'It is a great day.'
The official said the agreement will require countries to monitor for, and prevent, a surge in steel imports from other continents. If an unusually high amount of imports are coming in, one country could request consultations and ultimately re-impose tariffs — but only on the specific type of steel or aluminum flooding in.
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. The official said the dropping of the tariffs was “not pegged” to the adoption of the new deal, called the U.S.-Mexico-Canada Agreement.
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