trending Market Intelligence /marketintelligence/en/news-insights/trending/SLOnAidtkMm0a9UvMYbbIQ2 content esgSubNav
In This List

No talks planned on lifting US tariffs on Canadian steel, aluminum


Japan M&A By the Numbers: Q4 2023


Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape


Essential IR Insights Newsletter Fall - 2023

No talks planned on lifting US tariffs on Canadian steel, aluminum

U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the U.S. tariffs on Canadian steel and aluminum Jan. 7, but there are no plans for discussions on lifting the sanctions, Reuters reported, citing an anonymous Canadian source.

After the meeting, Trudeau's office released a statement saying the two leaders had "discussed next steps in addressing steel and aluminum tariffs," without going into detail.

"There are no specific negotiations taking place, nor are there any specific negotiations scheduled," the anonymous source told Reuters. "The prime minister raises it with the president every time he talks about it."

The offices of Trudeau and Canadian Foreign Minister Chrystia Freeland declined to comment further to the newswire.

Trump signed orders in March 2018 enacting tariffs of 25% on global steel imports and 10% on aluminum, pledging to boost American production and security.

Trudeau urged the U.S. in December 2018 to lift tariffs on imports of steel and aluminum that were affecting cross-border oil and natural gas projects.