Mexico says it is close to U.S. metals tariff deal, waiting for Canada

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Mexico says it is close to U.S. metals tariff deal, waiting for Canada
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Mexico is close to resolving its dispute with the United States over steel and a...

Asked about prospects for a deal, Freeland said she would not discuss Canada’s negotiating strategy. She added that if Washington kept the tariffs in place, it would be “very, very problematic” for Canadian ratification of the new U.S.-Mexico-Canada Agreement trade deal .Canada, Mexico and some U.S. lawmakers see lifting the tariffs imposed last year as imperative for ratifying USMCA, which would replace the 25-year-old North American Free Trade Agreement.

A bill to ratify the deal would need approval by Canada’s House of Commons, which adjourns for the summer on June 21 ahead of an October general election. It will not reconvene until December. “Democrats continued to express our interest in working with the USTR to get to yes, and will be planning more discussions with the USTR on the key questions about the USMCA proposal,” the aide said.Mexico and Canada imposed tariffs against a range of U.S. products in retaliation for Trump’s metals duties to put pressure on Washington to repeal them.

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