U.S. Agrees to Remove Tariffs on Canada and Mexico
2019-05-22
On May 17, Canada, Mexico, and the U.S. announced plans to remove Section 232 tariffs on steel (25%) and aluminum (10%) for Canada and Mexico by May 19. Among other things, the agreement aims to "prevent the importation of aluminum and steel that is unfairly subsidized" and to "prevent the transshipment" of these metals. The countries will establish a process to monitor aluminum and steel trade among them.
