The United States nears metal tariffs deal with Canada, Mexico

Mnuchin sees progress on steel tariffs with Mexico, Canada

"I think we are close to an understanding with Mexico and Canada", on resolving the tariffs, Mnuchin said at a U.S. Senate Appropriations subcommittee hearing. That would be workable for Canada and Mexico, who have both opposed quotas.

Growth being made between Washington and Mexico City in opposition to repealing USA tariffs on metal skill it's no longer the factual time for Mexico to concentrate on unique US merchandise in retaliation for the tasks, a senior Mexican legit acknowledged on Wednesday. And then: "OK, I think we need to leave for Cuba soon".

The steep United States tariffs on steel and aluminum imposed last year on national security grounds have become a major stumbling block to ratifying a new North American trade pact the three countries negotiated last year.

Morneau said he brings up the tariffs with Mnuchin every time they talk, including in a telephone call last week and face-to-face meetings last month in Washington at World Bank and G20 finance ministers' meetings. "I wouldn't say I'm confident", Mnuchin added. "The president has instructed us to try to figure out a solution, and this is a very important part of passing USMCA, which is a very important economic agreement for two of our largest trading partners".

U.S. Trade Representative Robert Lighthizer enters his vehicle as he leaves from the U.S. Capitol House carriage entrance after a meeting with Speaker of the House Nancy Pelosi at the Capitol in Washington, U.S., May 15, 2019.

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Canadian Foreign Minister Chrystia Freeland and Mexican officials on Tuesday called for the United States to lift steel and aluminum tariffs in order to create "true free trade" on the continent.

But US officials have reportedly sought to persuade Mexico City and Ottawa to accept export quotas in return for lifting the metal tariffs for their countries.

Pelosi and fellow Democrats in the House have raised concerns about ratifying the new trade deal because of concerns over labour rights in Mexico, among other things. But Freeland said she would "leave it to the Mexicans and the Americans to comment".

Graciela Marquez Colin, Mexico's economy secretary, and Jesus Seade, undersecretary for North America, echoed her comments on their visit to Canada.

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