For the 4th time today: US reaches deal with Canada/Mexico on steel and aluminum tariffs
Might as well give it another try..
On Wednesday, we got word that US was looking to lift tariffs on steel and aluminum. It came as stocks were underpressure and helped to reverse the trend.
Today, the story was replayed and replayed and replayed again.
The little twist this time, is the agreement will be in contingent on the two countries not funneling China steel through the border. The tariff deal dow not involve quotas