Canada will move quickly to ratify the new North American trade pact, Foreign Mi...
OTTAWA - Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum.
U.S. President Donald Trump had imposed the global “Section 232” tariffs of 25% on steel and 10% on aluminum in March 2018 on both Canada and Mexico on national security grounds, invoking a 1962 Cold War-era trade law. “We were very clear that as long as the 232 tariffs were there it would be very, very hard for us to ratify the new NAFTA, and that is why we did not table the legislation,” Freeland said in an interview broadcast by CBC radio.
While several U.S. Democrats applauded removal of the tariffs, some on Friday said USMCA was not yet ready for their support. Freeland said Canada was in the process of reaching out to American Democrats.
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