Oct 26, 2026
US and Canada working on deal to ease steel and auto tariffs ahead of midterms
The United States and Canada are negotiating an agreement to reduce US tariffs on Canadian steel and automobiles, according to multiple sources, as both governments attempt to repair relations following failed trade talks in August. The deal could materialize before the November 3 midterm elections, with Trump having previously threatened to raise tariffs to 50% starting January 1, 2027.
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