Canada Ratifies Trade Pact After U.S. Lifts Metals Tariffs

Credit: Wochit
Published on May 18, 2019 - Duration: 00:33s

Canada Ratifies Trade Pact After U.S. Lifts Metals Tariffs

OTTAWA (Reuters) - Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum.

FILE PHOTO: Canada's Foreign Minister Chrystia Freeland takes part in a bilateral meeting with U.S. Secretary of State Mike Pompeo at the Lappi Areena in Rovaniemi, Finland May 7, 2019.

Mandel Ngan/POOL via REUTERS/File Photo U.S. President Donald Trump had imposed the global β€œSection 232” tariffs of 25% on steel and 10% on aluminum in March 2018 on both Canada and Mexico on national security grounds, invoking a 1962 Cold War-era trade law.

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