A worker walks past a steel coil loaded on a truck, at a plant in Monterrey, Mexico on August 27, 2018.
Julio Cesar Aguilar | AFP | Getty Images
The United States has reached a deal to lift steel and aluminum tariffs on Canada and Mexico, removing one key obstacle to passing updates to the North American Free Trade Agreement, two people familiar with the matter told CNBC.
The U.S. could announce an agreement to scrap the duties as soon as Friday, the sources said.
The Canadian and Mexican governments, along with top U.S. lawmakers, have pushed the Trump administration to remove the tariffs before the countries approve the United States Mexico Canada Agreement.
This story is developing. Please check back for updates.
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