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U.S. Nears Deal with Canada and Mexico Over Removing Metals Tariffs

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Photographer: James MacDonald/Bloomberg

The Trump administration is nearing a deal with Canada and Mexico to remove U.S. steel and aluminum tariffs as part of discussions about a new trade agreement among the three countries, Treasury Secretary Steven Mnuchin said Wednesday.

"I think we are close to an understanding with Mexico and Canada" on removing steel and aluminum tariffs, Mnuchin told a Senate Appropriations subcommittee hearing. U.S. Trade Representative Robert Lighthizer is in “active discussions” over the issue, he said.