google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Hollywood News

Canadian, US Officials to Meet After Canada Removes Some Tariffs

Canada Cabinet Minister Dominic Leblanc, who leads US trade talks, will go to Washington to meet with the Trade Secretary Howard Lotnick only days after Canada promised to remove most of the retaliation tariffs in US goods.

“I hope we are looking for an agreement that will bring us to a better position than we are right now, LEg

Leblanc said that the two sides discussed “very interesting conditions for the American government without giving more details. However, he added that Canada should see improvements in the case of trade with the US.

The Minister is flying to Washington on Monday night and said the meeting will take place in the coming days.

On Friday, Prime Minister Mark Carney announced that Canada will remove a long -standing tariff in a long US list of goods in accordance with the current North American trade agreement. This retaliation had entered into force since March, imposed by Prime Minister Justin Trudeau.

Bloomberg News reported that Lutnick was pressing the Canadian government to remove these counter tariffs before making more progress in trade talks.

Carney did not remove Canada’s retaliation. Canada will still have 25% import tax on US steel and aluminum products and some tariffs for US cars and trucks. President Donald Trump brought tariffs to all these sectors.

Leblanc, on Friday, told Bloomberg television, and believes that a portion of Canada’s retaliation will help a broader agreement on trade with the Trump administration. This includes the basis for the potential re-negotiation of the United States-Mexican-Canada agreement, which needs to be a joint investigation next year.

However, Canada said that Trump is not ready to reduce tariffs on steel and aluminum, which are currently 50%of Trump.

With the help of Mathieu Dion.

This article was created from an automatic news agency feeding without changing the text.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button