Make Kitco Your Homepage

Canada set to drop threat to impose retaliatory sanctions against U.S. aluminum: source

Kitco News

OTTAWA (Reuters) - Canada is set to drop its threat to impose retaliatory sanctions against U.S. aluminum products after Washington said it would remove its own tariffs on Canadian aluminum, a source directly familiar with matter said on Tuesday.

The source, who requested anonymity given the sensitivity of the situation, said Deputy Prime Minister Chrystia Freeland would give more details about Canada’s response at a news conference at 3 p.m. eastern time (1900 GMT) on Tuesday.

Reporting by David Ljunggren; Editing by Chris Reese

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.