Canada offers tariff relief on U.S. and Chinese steel, aluminum imports

Canada has announced tariff relief on imports of steel and aluminum from the U.S. and China, a move that is expected to boost trade relations and support local industries. This decision comes as part of Canada's efforts to stabilize its economy and ensure a steady supply of these essential materials, which are crucial for various sectors, including construction and manufacturing. By reducing tariffs, Canada aims to foster a more competitive market and strengthen its partnerships with these key trading partners.