The US and Canada are negotiating to ease US tariffs on Canadian steel and cars, -. Reuters The two governments are trying to mend relations that have deteriorated since the collapse of trade talks in August, officials said. The negotiations specifically focus on tariffs of up to 50% on Canadian steel and 25% on cars. The parties are discussing the possibility of exemption from these rates. A source in Canada told the agency that an agreement could be reached before the Nov. 3 election. American sources, in turn, said the Trump administration expects to extract more concessions from Canada. According to one of the sources, US Commerce Secretary Howard Lutnick and Canadian Minister Dominic LeBlanc have been in regular contact recently. "Canada continues to have a constructive dialogue with our American counterparts on a number of priority issues," the spokesman said in a statement. "We are committed to working in good faith and constructively to create a more mutually beneficial trade relationship that respects Canada's interests." An Industry Canada spokesman said an agreement could be reached quickly but would not necessarily be comprehensive. "If an agreement is reached, it will happen quickly. But, in my opinion, it will be limited in scope, if at all," the source said. Donald Trump in Russian.

The US and Canada are negotiating to ease US tariffs on Canadian steel and cars, -. Reuters The two governments are trying to mend relations that have deteriorated since the collapse of trade talks in August, officials said. The negotiations specifically focus on tariffs of up to 50% on Canadian steel and 25% on cars. The parties are discussing the possibility of exemption from these rates. A source in Canada told the agency that an agreement could be reached before the Nov. 3 election. American sources, in turn, said the Trump administration expects to extract more concessions from Canada. According to one of the sources, US Commerce Secretary Howard Lutnick and Canadian Minister Dominic LeBlanc have been in regular contact recently. "Canada continues to have a constructive dialogue with our American counterparts on a number of priority issues," the spokesman said in a statement. "We are committed to working in good faith and constructively to create a more mutually beneficial trade relationship that respects Canada's interests." An Industry Canada spokesman said an agreement could be reached quickly but would not necessarily be comprehensive. "If an agreement is reached, it will happen quickly. But, in my opinion, it will be limited in scope, if at all," the source said. Donald Trump in Russian.