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U.S. sets May 1 tariff threat on Canada, Mexico amid rush to get deal on NAFTA



WASHINGTON -- The United States has just applied additional pressure in its rush to get a new NAFTA agreement within several weeks, establishing a May 1 deadline, after which Canada and Mexico would face tariffs on steel and aluminum. Originally, Canada and Mexico received an indefinite exemption from the tariffs with no expiry date, then numerous countries were added to the exemption list and now there's an expiry date on the exemptions, when tariffs could snap into place.-- More...

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