U.S. Trade Representative’s office announced today it’s backing down on 10 per cent tariff

The federal government is welcoming the U.S. decision to drop tariffs on Canadian aluminum imports — but warns it’s prepared to impose retaliatory measures if necessary.

See prior related;

U.S. and Canadian Supply Chains Threatened as New Trade War Re-erupts

Responding to the announcement by the U.S. Trade Representative’s office that the 10 per cent levy on Canadian aluminum products would be repealed, Deputy Prime Minister and Finance Minister Chrystia Freeland said the move signals that common sense has prevailed.

“The last thing that Canadians and Americans need now in the middle of this pandemic is a trade war,” she told a news conference in Ottawa today.

The USTR announcement came just hours before Canada was set to unveil retaliatory measures.

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