Integration Point Blog U.S. Lifts Section 232 Retaliatory Tariffs on Canada and Mexico

On May 17, the United States announced an agreement with Canada and Mexico to remove the Section 232 tariffs on Canadian and Mexican steel and aluminum imports and to remove all retaliatory tariffs imposed on American goods by those nations. In accordance with the agreement, all tariffs on these goods must be eliminated within two days. As part of the agreement, the U.S. will terminate its World Trade Organization (WTO) litigation claim regarding Section 232 tariffs against Canada and Mexico, and in turn, Canada and Mexico will terminate their respective WTO claims against the U.S.