Rapid Policy Update: US Lifts Tariffs on Canadian Steel and Aluminum
· by Bianca Caramento
Today, Canada and the U.S. announced reaching a deal to remove steel and aluminum tariffs imposed last year. In 2018, the U.S. Department of Commerce announced tariffs on imports of Canadian steel and aluminum, citing national security interests under S. 232 of the Trade Expansion Act.
According to a release from Global Affairs Canada, the tariffs will be lifted within 48 hours, in exchange for increased monitoring.
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