Canadian retaliatory tariffs lifted as U.S. kills steel aluminum penalties

Source: Mia Rabson, The Canadian Press, May 20, 2019 

OTTAWA — Canada collected more than $1.27 billion from the retaliatory tariffs on U.S. products over the last year and all of it will go to the Canadian steel and aluminum industry even though the steel trade war with the United States is over.

Canada and the United States reached an agreement Friday to see the U.S. lift the nearly year-old import duties on steel and aluminum President Donald Trump imposed last June arguing the imports threatened national security.

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Image Source: THE CANADIAN PRESS/Sean Kilpatrick

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