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U.S. Working on Metals Tariff Relief for Canada, Mexico, Says Lighthizer


(Reuters)

The United States is working on a plan that lifts steel and aluminum tariffs off Mexican and Canadian products while preserving the gains of those tariffs overall, U.S. Trade Representative Robert Lighthizer said on Tuesday.

“What I’m trying to do is a have a practical solution to a real problem... get rid of tariffs on these two, let them maintain their historic access to the U.S. market, which I think will allow us to still maintain the benefit of the steel and aluminum program,” Lighthizer told the U.S. Senate Finance Committee in Washington D.C. at a hearing about the World Trade Organization.

U.S. President Donald Trump imposed tariffs — 25 per cent on steel and 10 per cent on aluminum — back in 2018 on national security grounds. Tariffs on both sides of the border have disrupted supply chains and added extra costs for consumers and businesses across a wide range of industries. Click here to read more.

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