US and Canada reportedly working on deal to ease tariffs on Canadian steel and autos

Reuters, citing two US and four Canadian sources, reports the countries are working on a deal to ease US tariffs on Canadian steel and autos after trade talks broke down in August. Canadian Prime Minister Mark Carney said discussions had seen “a slight intensification” but Ottawa had not changed its stance, Reuters reported. Bloomberg says Carney suggested any progress reflected greater flexibility from the Trump administration, though no deal had been reached.