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U.S., Canada, Mexico agree to lift Section 232, retaliatory tariffs by Monday

May 17, 2019 at 3:42 PM
The U.S. will eliminate Section 232 tariffs on steel and aluminum from Canada and Mexico in exchange for the repeal of retaliatory duties on U.S. goods, though all parties retain authority to re-impose 25 and 10 percent tariffs if there is a surge in imports and consultations about the sudden increase fail. The U.S. and Canada will roll back all tariffs by Monday, according to a joint statement . President Trump confirmed that a deal has also been struck with...

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