Continue Reading Below
The Trump administration is reportedly considering reinstituting tariffs on aluminum imports from Canada, according to Bloomberg.
That announcement could come by the end of the week.
The U.S. will impose a 10 percent tariff unless Canada imposes export restrictions on aluminum.
The tariffs will go into effect July 1, according to the people who spoke to Bloomberg.
FOX Business has requested comment from the USTR.
The timing of an announcement would come days before the July 1 date of the new U.S.-Mexico-Canada trade deal.
American aluminum producers have seen demand fall and prices drop during the coronavirus pandemic.