The USA has lifted steel and aluminium tariffs on Canada.
Experts say the development could lead to a new North American trade deal.
In a joint statement, the two countries said a 25% tariff on steel imports, and 10% on aluminium will end in 48 hours.
A similar announcement is expected to be made between the US and Mexico as well.
Dubai continues to lead global cities in cultural and creative FDI
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Volkswagen CEO faces angry workers in push for radical cuts
More than 10,000 Volkswagen workers gathered at the carmaker's headquarters on Tuesday, some booing CEO Oliver Blume as he urged staff to "pull together" behind a restructuring that could cut up to 50,000 jobs, sources at the meeting said.
Parkin and Bahrain's Amakin team up on smarter parking solutions
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Trump threatens 50% tariffs on all cars and trucks from Canada
US President Donald Trump sought to boost pressure on Canada on Monday, warning that tariffs on all cars, trucks and automotive parts from the country would be increased to 50 per cent starting January 1 after trade talks collapsed over the weekend.
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