Trump agrees to lift steel tariffs on Canada and Mexico, boosting chances for trade accord

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Trump agrees to lift steel tariffs on Canada and Mexico, boosting chances for trade accord
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Trump removed tariffs on steel and aluminum imported from Canada and Mexico, a move that should help win passage of the revamped North American trade pact

President Trump has agreed to lift tariffs on steel and aluminum from Canada and Mexico, relenting to congressional pressure to back off in order to boost the chances of winning approval for his newly negotiated North American trade pact.

For months, Trump had resisted advice from lawmakers and administration officials to remove the 25% duties on imported metals that he slapped on Canada, Mexico and other countries about a year ago. Trump wanted to keep protecting domestic steelmakers and help factory workers who are among his strongest supporters, and he saw the tariffs as leverage for getting better deals from trading partners.

In a joint statement, the U.S. and Canada agreed that the metal tariffs would be lifted by Sunday. Canada, in return, would lift retaliatory duties it had assessed on U.S. goods. The two countries also agreed that they could issue tariffs and counter-tariffs on a narrow basis in case of surges of imports.

Critics said Canada and Mexico were willing to negotiate changes to the NAFTA agreement and that the tariffs were not needed.Canada is the United States’ largest steel and aluminum trading partner, and Ottawa retaliated with tariffs on U.S. steel products and other goods.

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