The information that the US had backpedalled on tariffs on Canadian aluminium was earlier:

Reuters have a little bit of a recap submit up if you happen to want a catch-up:
  • The Trump administration stated on Tuesday it can take away 10% U.S. tariffs on uncooked Canadian aluminum so long as imports of the steel keep under ranges which might be anticipated to “normalize” over the following 4 months.
  • In response, Canada dropped a menace to impose billions of {dollars} of retaliatory sanctions, marking the top of a spat between the key buying and selling companions.

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