U.S. and Canadian negotiators are discussing a temporary trade deal that would reduce U.S. tariffs on some Canadian steel and aluminum products to 25%, people familiar with the talks said. Details are not final and the cut would not apply to all steel and aluminum items; some derivative products containing steel or aluminum may carry different rates. Talks continued Wednesday after Trump paused planned 50% tariffs on billions of dollars of Canadian goods less than 24 hours earlier to allow more

U.S. and Canadian negotiators are discussing a temporary trade deal that would reduce U.S. tariffs on some Canadian steel and aluminum products to 25%, people familiar with the talks said. Details are not final and the cut would not apply to all steel and aluminum items; some derivative products containing steel or aluminum may carry different rates. Talks continued Wednesday after Trump paused planned 50% tariffs on billions of dollars of Canadian goods less than 24 hours earlier to allow more time for negotiations. The proposed adjustment could help secure a durable agreement and avert broader tariff measures ahead of a Friday deadline.