The North American steel and aluminum tariffs are going away, The Wall Street Journal (subscription) reports.
The Trump administration reached agreements with Canada and Mexico that end U.S.-imposed tariffs on steel and aluminum imports, removing a major barrier to the three countries’ new trade pact.
During a speech to the National Association of Realtors in Washington, Mr. Trump said the U.S. “just reached an agreement with Canada and Mexico and we will be sending our product into those countries without the imposition of tariffs or major tariffs.”
The U.S. didn’t immediately offer additional details. In a separate statement, the Canadian government announced its half of the deal Friday, saying an agreement had been reached for the U.S. to drop all its steel and aluminum tariffs on Canada and for Canada to drop all its retaliatory tariffs, which were placed on goods ranging from metals to food products, within two days.
Senior Mexican officials said Friday that an agreement had been reached with the U.S., and that they plan to release details in tandem with the administration.