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According to informed sources, the temporary trade agreement currently being negotiated between the United States and Canada will reduce U.S. tariffs on certain Canadian steel and aluminum products to 25%. The sources stated that details are yet to be finalized and the new terms are not expected to cover all steel and aluminum products. Some derivative products containing steel or aluminum may be subject to different tariff rates. Trade advisors from both the U.S. and Canada continued negotiati

According to informed sources, the temporary trade agreement currently being negotiated between the United States and Canada will reduce U.S. tariffs on certain Canadian steel and aluminum products to 25%. The sources stated that details are yet to be finalized and the new terms are not expected to cover all steel and aluminum products. Some derivative products containing steel or aluminum may be subject to different tariff rates. Trade advisors from both the U.S. and Canada continued negotiati

智通财经智通财经2026/08/19 18:06
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According to informed sources, the temporary trade agreement currently under negotiation between the US and Canada will reduce US tariffs on certain Canadian steel and aluminum products to 25%. The sources indicated that the relevant details have not been finalized, and the agreement is not expected to apply to all steel and aluminum products. Some derivative products containing steel or aluminum may be subject to different tax rates. US-Canada trade advisors continued negotiations on Wednesday. Less than 24 hours earlier, President Trump suspended the previously scheduled 50% tariffs on billions of dollars worth of Canadian goods to allow more time for negotiations. The proposed adjustment to steel and aluminum tariffs may help both parties reach a lasting agreement and avoid broader tariff measures before the Friday deadline.
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