Uploaded August 2026 | Updated September 2026, 2 weeks ago
The tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25%, according to people familiar with the matter. #trump #canada #tariffs #news #usa #politics
The details have yet to be finalized and are not expected to apply across the board. Different rates could apply to some derivative products that include those metals, said some of the people, who requested anonymity to discuss terms of the agreement before it is announced.
Talks between US and Canadian trade advisers continued Wednesday, less than 24 hours after US President Donald Trump paused planned 50% levies on billions of dollars of Canadian goods to allow more time to negotiate. The planned changes to the metals tariffs could help unlock a lasting deal to avert the broader duties before a Friday deadline.
Read more: bloomberg.com/news/articles/2026-08-19/us-said-to-halve-tariffs-on-canada-steel-aluminum-in-trade-deal
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The tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25%, according to people familiar with the matter. #trump #canada #tariffs #news #usa #politics
The details have yet to be finalized and are not expected to apply across the board. Different rates could apply to some derivative products that include those metals, said some of the people, who requested anonymity to discuss terms of the agreement before it is announced.
Talks between US and Canadian trade advisers continued Wednesday, less than 24 hours after US President Donald Trump paused planned 50% levies on billions of dollars of Canadian goods to allow more time to negotiate. The planned changes to the metals tariffs could help unlock a lasting deal to avert the broader duties before a Friday deadline.
Read more: bloomberg.com/news/articles/2026-08-19/us-said-to-halve-tariffs-on-canada-steel-aluminum-in-trade-deal
----------
Like this video? Subscribe youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
youtube.com/@business
youtube.com/@markets
youtube.com/@BloombergTechnology
youtube.com/@BloombergPodcasts
Connect with us on social:
instagram.com/bloombergbusiness
linkedin.com/company/bloomberg-news
tiktok.com/@bloombergbusiness
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