U.S., Canada Agree to Remove Tariffs on Steel and Aluminum, an Industrial Info Market Brief

The U.S. and Canadian governments released a joint statement today announcing the cessation of steel and aluminum tariffs and retaliatory tariffs leveled against each other since last year. The move paves the way for work on the NAFTA replacement trade agreement between the U.S., Canada and Mexico (USMCA). There are 195 operational aluminum and steel producers in the U.S. and Canada, according to Industrial Info's Global Market Intelligence.