Trade negotiators have reportedly revived a proposal to limit the amount of steel and aluminum that Canada ships to the United States in exchange for reducing the 50 per cent tariffs that President Donald Trump slapped on both metals last year. (The Globe and Mail)
Talking point: Canada-U.S. Trade Minister Dominic LeBlanc and chief negotiator Janice Charette are back in Washington, D.C., with the deadline for additional 50 per cent tariffs on US$20 billion worth of Canadian goods two weeks away. Citing six unidentified industry and government sources, the Globe reported that Ottawa and the Trump administration have been discussing an idea floated last fall, which would let a certain amount of Canadian steel and aluminum into the U.S. before applying high tariffs to anything above those levels. U.S. Trade Representative Jamieson Greer has said he hopes to reach interim deals with Canada and Mexico by the end of the year, but that some talks will continue into 2027.
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