Sunday, September 27, 2020
No menu items!

Canada’s PM Trudeau says he will work with U.S. on timing of USMCA ratification

Canadian Prime Minister Justin Trudeau said steel and aluminum tariffs were the greatest barriers to USMCA ratification, and was optimistic Canada could move forward on it in coming weeks.

The quota-free deal will eliminate the U.S. metals tariffs within 48 hours as well as Canada’s retaliatory tariffs on some $12 billion worth of U.S. products, including pork, beef and bourbon.

The 25% tariff on steel and 10% tariff on aluminum from Canada and Mexico were a major hurdle to ratification of the new trilateral trade deal to replace the 25-year-old North American Free Trade Agreement.

Several prominent U.S. lawmakers had said that a vote on the U.S.-Mexico-Canada Agreement (USMCA) was impossible until after the metals tariffs — and retaliatory measures aimed largely at U.S. farmers — were lifted.

(Production: Kia Johnson)

Latest News

JULIA LOUIS-DREYFUS ANNOUNCES ‘VEEP’ REUNION

JULIA LOUIS-DREYFUS IS REUNITIN WITH HER "VEEP" CAST MEMBERS. THE ACTRESS TWEETED THE ANNOUNCEMENT SATURDAY, SAYING THE EVENT WILL...

Man struck with shield by LA police during Breonna Taylor protest

Eyewitness video captured a Los Angeles County police officer striking a man on the ground with a riot shield on Friday evening...

Some 3,500 US enterprises sue Trump administration over China tariffs

About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co, Target Corp, Walgreen Co and Home Depot, have sued the Trump administration...

Trump picks Barrett and moves to tilt U.S. Supreme Court rightward: Dems pledge a fight

President Donald Trump on Saturday (September 26) nominated Amy Coney Barrett to the Supreme Court, and she pledged to become a justice...

More Articles Like This