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Story perspectives

U.S. Considers Halving Tariffs on Canadian Steel and Aluminum

11/19/2025

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Story summary
  • The United States could cut tariffs on Canadian steel and aluminum from 50% to 25% under conditions that expand U.S. production and direct metal to auto manufacturing.
  • The change is part of an executive order issued on October 17.
  • The relief is limited and unlikely to significantly benefit Canadian industries.
  • The administration is pursuing a more strategic approach to tariffs by negotiating deals with companies and addressing affordability concerns.