Steel and Aluminum Tariffs
Steel and aluminum tariffs have been lifted on imports from Canada and Mexico to the US. In return, Canada has agreed to lift the retaliatory tariffs on import of certain products from the US. This move will bring welcome relief to many industries. Imports into Canada still require NAFTA documentation for customs. Once the USMCA is approved by all parties, the requirements are likely to change.
Read more at Transport Topics
(Photo: An employee performs a quality check on a steel slab at a plant in Nanticoke, Ontario, Canada. Cole Burston/Bloomberg)