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Tentative trade deal would cut Canada steel, aluminum tariffs by half – reports (AA:NYSE)

Aug 19, 2026, 6:57 PM ETAlcoa Corporation (AA) Stock, NUE Stock, CLF Stock, STLD Stock, CENX StockCMC, RS, KALU, SLX, ASTLBy: Carl Surran, SA News Editor
Following Shot of Heavy Industry Engineers Walking Through Manufacturing Factory. In the Background Professionals Working on Construction of Oil, Gas and Fuel Pipeline Transportation Products

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The U.S. likely will lower tariffs on Canadian steel and aluminum from 50% to 25% as part of a trade framework being devised by the two countries, according to reports Wednesday from Bloomberg and others.

Terms of the deal could change before

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