Washington has decided to re-apply the principle of free trade with Canada on aluminum, that is to say without customs duties.
The Trump administration announced Tuesday that it was renouncing tariffs on aluminum from Canada. Ottawa was preparing to apply retaliatory measures.
“After consulting with the Canadian government, the United States notes that trade in unalloyed crude aluminum is expected to normalize in the last four months of 2020, with imports falling sharply from the leaps recorded earlier in the year. year, ”said a statement from the US Trade Representative.
Based on these expectations, Washington decided to re-apply the principle of free trade, that is to say without customs duties, retroactively to September 1.
Canada announced on August 7 its intention to impose “countermeasures” of 3.6 billion Canadian dollars (2.5 billion francs), in reaction to Donald Trump’s decision to reimpose tariffs of 10% on Canadian aluminum. The trade retaliation was due to go into effect this week.