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As if trade watchers hadn’t digested enough, Trump and his counterparts in Mexico and Canada announced on Friday that the U.S. will lift steel and aluminum tariffs on those two nations, boosting efforts to encourage lawmakers to ratify a new North American trade deal.
Read More: Trump Removes Steel, Aluminum Tariffs on Canada and Mexico
In a joint statement, Canada said it will lift retaliatory duties on U.S. products as part of the deal. Mexico welcomed Trump’s removal of the duties. Both nations suggested it would open the way for their lawmakers to approve the new trade pact. The metals melee had become an obstacle for lawmakers in all three nations to ratifying the U.S.-Mexico-Canada Agreement, the deal to revamp Nafta that Trump wants to tout as he heads for re-election in 2020.
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