U.S. to halve tariffs on Canada steel, aluminum, reports say
The move under discussion would generally halve U.S. tariffs on imports of the two metals, which currently face a 50% rate.
The move under discussion would generally halve U.S. tariffs on imports of the two metals, which currently face a 50% rate.
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Why it matters
Halving U.S. tariffs on Canadian steel and aluminum is a notable trade policy adjustment that could modestly affect cross-border trade flows and supply chains in metals markets, but it is not a major structural or systemic event for credit markets.