The U.S. is reportedly set to halve tariffs on some Canadian steel and aluminum exports in a tentative trade deal, according to people familiar with the matter. Bloomberg reports that the tariff rate would be reduced to 25% for certain products.
The Korea Times also reports the Bloomberg News claim, noting that Reuters was not able to immediately verify the information. The accounts describe the same core elements—tariff reductions and the scope limited to specific steel and aluminum exports—while not providing additional details such as the exact product categories, timelines, or whether the agreement is final.
Together, the sources indicate the negotiations are not fully confirmed publicly, with verification differing across outlets. Neither report includes statements from either government or comprehensive terms of the proposed deal beyond the reported 25% tariff figure for targeted imports.
