U.S. tariffs on Canadian steel and aluminum could soon be lifted: Mnuchin cdnpoli
"I think we are close to an understanding with Mexico and Canada," Treasury Secretary Steven Mnuchin said Wednesday.Mnuchin was testifying before the U.S. Senate appropriations subcommittee, where he was asked why those two countries continue to face a 25-per-cent duty on steel and 10-per-cent levy on aluminum exports to the United States.
"I can assure you that Canada and Mexico are the priority," Mnuchin said. "The president has instructed us to try to figure out a solution, and this is a very important part of passing USMCA, which is a very important economic agreement for two of our largest trading partners." Freeland, Trudeau and others in the Canadian government have derided the tariffs as absurd, illegal and insulting.
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