With Renewed Nafta Deal, Trump Opens Door to Metal Tariff Accord
- Canada has 60 days of ‘leverage’ on 232s: Aluminum Association
- Rebar shortages and prices already hurting Canada construction
Sparks fly as an employee performs a quality check on a steel slab at a plant in Nanticoke, Ontario, Canada.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
With a Nafta deal on the table -- and a bullet dodged for the auto sector -- the clock is ticking for the next key trade talks for Canada’s steel and aluminum industries.
After a marathon weekend of discussions, negotiators secured a deal to replace the 24-year-old Nafta agreement just before a midnight deadline on Sunday. However, the steel and aluminum tariffs that U.S. President Donald Trump imposed on Canada and Mexico will be dealt with separately.