U.S.-Canada trade deal would introduce steel quota with lower 25% tariff, sources say

The Globe and Mail: Proposed deal would lower tariffs on steel exports to 25% within a new rate-quota system, sources say; shipments above the quota would face a 50% tariff

Deal would also include a lower 15% tariff on automobiles, with no carve-out for Canadian content, The Globe has reported

Canadian and U.S. negotiators are meeting in Washington on Friday in a bid to finalize the agreement…

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