US, CANADA WORKING ON DEAL TO EASE STEEL AND AUTO TARIFFS, SOURCES SAYTwo US and four Canadian sources told Reuters the | Hanami
US, CANADA WORKING ON DEAL TO EASE STEEL AND AUTO TARIFFS, SOURCES SAY
Two US and four Canadian sources told Reuters the talks focus on Section 232 duties, including up to 50% on Canadian steel and 25% on autos.
• One Canadian source said a deal is possible before the Nov 3 midterms • US sources said the Trump administration wants further concessions from Canada • Commerce Secretary Lutnick and Canada's LeBlanc have been in regular contact, per one source • LeBlanc's office said Canada remains in "constructive dialogue" with US counterparts • Trump has said the steel and auto tariffs will rise to 50% from Jan 1, 2027. At a rally Sunday he predicted the dispute would be resolved "soon" • The White House, Commerce and USTR did not immediately respond to requests for comment