Canadian tariffs on U.S. steel, aluminum could rise, Carney says

BreakdownGenerated by LeadStory AI

• Canada plans to impose new tariff rate quotas on steel imports. 4s
• The tariffs target countries without free trade agreements with Canada, including the U.S. 8s
• U.S. duties on Canadian steel and aluminum are currently at 50 percent. 16s
• Canada proposed trading increased defense spending for tariff relief, but this was unsuccessful. 20s
• The U.S. and Canada aim to reach a new trade agreement within 30 days. 27s