US-Canada Trade Deal Would Introduce Steel Quota With Lower 25% Tariff, Sources Say

A potential trade agreement between the United States and Canada would introduce a quota for steel imports while lowering the applicable tariff to 25%, according to sources familiar with the negotiations. The arrangement could give Canadian producers greater certainty while preserving some protection for US steelmakers. The proposal remains under discussion and may change before both governments finalize a deal. Negotiators are also expected to address broader trade issues, including market access, supply chains and the impact of tariffs overall.