The potential deal would have provided tariff relief on Section 232 levies on Canadian autos, steel and aluminum, as well as the avoidance of a 50 per-cent tariff under Section 338 of the Tariff Act of 1930, which applies to $28 billion worth of Canadian goods. In exchange, Canada would have ended its moratoriums on U.S. alcohol in several provinces and dropped tariffs on American autos.
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