US Trade Representative Lighthizer implies quotas for Canada and Mexico instead of tariffs

Thursday, 14 March 2019 00:26:12 (GMT+3)   |   Istanbul
       

US Trade Representative Robert Lighthizer has stated that he is working on a plan to lift steel and aluminum tariffs on Mexico and Canada while keeping the benefits of the tariffs, according to a news report by Reuters.

As stated in the report, speaking at the US Senate Committee hearing on the World Trade Organization, Mr. Lighthizer stated, “What I’m trying to do is a have a practical solution to a real problem ... get rid of tariffs on these two, let them maintain their historic access to the US market which I think will allow us to still maintain the benefit of the steel and aluminum program.”

Lighthizer’s statements have raised the possibility of quotas being imposed, according to market sources.


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