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Main » 2019 » May » 20 » US made concessions to Canada and Mexico Tariff
US made concessions to Canada and Mexico Tariff


It was learned that on Friday, May 17, the United States lifted the tariffs on imports of steel and aluminum in the amount of 25% and 10% from Canada and Mexico, the latter, in turn, canceled retaliatory tariffs. 

Such changes in the United States reported the head of Donald Trump in the framework of speech at the National Association of Realtors. The Government of Canada and Mexico also reported reaching a compromise on this issue.






So, Tariff changes will take effect in a matter of days. Experts note that the signed agreement will open new opportunities for USMCA ratification - the trade agreement between the countries, which had been discussed at the end of last year, and even received the approval of the parties. USMCA - a kind of replacement of the previous agreement NAFTA - a free trade agreement. 

Recall, USMCA already been signed by Donald Trump, the former head of Mexico, Enrique Peña Nieto and Canadian Prime Minister Trudeau Justin, but at the moment does not put to the vote in Parliament.


See also: Forex prognostication today 20/05/2019



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