US officials circulate draft text of Canada deal

Politico: Industry representatives are weighing in on a proposal which would see the U.S. reduce tariffs on Canadian steel and aluminum from 50 percent to 25 percent, according to five people close to the discussions, including two who have seen the text. The U.S. would also lower tariffs on some derivative products. 

…Ottawa also agreed to overhaul its system for allocating import quotas for U.S. dairy products, according to the two people who had seen the latest text…

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