Canada to adjust tariffs on US steel, aluminum in trade talks

OTTAWA - The Canadian federal government will adjust its counter-tariffs on US steel and aluminum products beginning July 21, aligning the measures with progress made in broader trade negotiations, the Finance Ministry said Thursday.

"While the government negotiates a new economic and security partnership with the United States, we will ensure workers and industry are protected against the unjust and unprovoked American tariffs," the ministry said in a statement.

"We will take the time we need to negotiate the best deal for Canada," Prime Minister Mark Carney was quoted as saying in the release.