US lifts steel, aluminium tariffs on Canada

GEOFF ROBINS / AFP

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.

More from Business News

On Virgin Radio today

  • Scott Forshaw

    10:00pm - Midnight

    The Virgin Radio Weekend with Scott Forshaw

  • Tiesto

    Midnight - 1:00am

    Tiesto's Club Life is the perfect show to keep your Saturday night buzzing all the way into Sunday.

Hit Music