Donald Trump announced on Friday the removal of tariffs on steel and aluminum from Canada and Mexico, paving the way for the ratification of the new free trade agreement that binds these three countries. “We just have to find an agreement with Canada and Mexico,” said the u.s. president, noting that u.s. products would not be subject to customs fees or only by low tariffs.
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full renegotiation of the free trade agreement north american (Nafta), Donald Trump was imposed on June 1, 2018, a tax of 25 percent on imports of steel and of 10% on those of aluminium from Canada and Mexico, who had imposed, in return, retaliation, including us agricultural products. Canada was replicated by taxing 16.6 billion canadian dollars, which is € 11 billion of american products on the background of the renegotiations of the free trade Agreement, north american initiated by Washington.
A “big step” towards the ratification of the AEUMC, according to Trudeau
The agreement between Washington and Ottawa to lift the tariffs on steel and aluminum canadian represents a “big step” towards ratification “in the coming weeks” of the new free trade agreement north american AEUMC, is congratulated Friday, Justin Trudeau.
“These tariffs on steel and aluminum were the largest barrier to ratification for us and for the United States of the new agreement of the Nafta,” said canadian Prime minister at a press conference in Hamilton (Ontario). “It is certain that we just made a big step forward” toward ratification, which could occur “in the coming weeks”.
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