Canada Delays Retaliatory Tariffs on US Steel and Aluminum

Canada has postponed the introduction of retaliatory tariffs on imports of U.S. steel and aluminum, according to a memorandum cited by Politico. The duties had been expected to mirror levies Washington imposed earlier this year, but Ottawa will hold off while it evaluates the wider trade environment. The decision comes as the White House weighs additional tariff measures on the European Union, maintaining uncertainty for metals markets. Canadian officials have not given a new timeline for the counter-measures but signaled that they remain prepared to act if Washington proceeds with further restrictions.