Canada welcomes U.S. aluminum move, scraps retaliation plan

Following a U.S. move to lift tariffs on Canadian aluminum, Ottawa has shelved plans to retaliate against U.S. goods, officials told reporters on Tuesday. Mary Ng, minister of small business, export promotion and international trade, said Canada would not, as threatened, impose reciprocal countermeasures on the U.S. Canadian tariffs targeting roughly $2.7 billion of U.S. aluminum products were slated to take effect this week. Citing expectations of “normalized” trade in the waning months of 2020, the Office of the U.S...