U.S. blinks in trade dispute with Canada, drops tariffs on Canadian aluminum
CA, 16 Sep 2020
The United States has suddenly called a tariff truce with Canada, lifting its 10 per cent aluminum levy Tuesday just hours before Ottawa was to unleash a suite of countermeasures.
The tariffs on Canadian aluminum will be lifted retroactive to Sept. 1 because Canadian exports are expected to “normalize” over the remainder of the year, the U.S. trade representative’s office said in a statement.
Abigail Bimman explains why a trade threat still looms.
For more info, please go to https://globalnews.ca/news/7336417/us-standing-down-aluminum-tariffs-canada/
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