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Canada Eases Tariffs Amid Ongoing U.S. Trade Talks

10/22/2025

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Story summary
  • Canada granted tariff relief on steel and aluminum imports from the U.S. and China to support domestic industries affected by trade tensions.
  • Prime Minister Mark Carney is negotiating with U.S. President Donald Trump, who imposed tariffs on Canadian metals.
  • This 2024 surtax remission order took effect on October 15.
  • Prime Minister Mark Carney expressed caution about a U.S. steel and aluminum deal, noting ongoing discussions, with details expected on November 5.