a day of tariff turnarounds the u.s. lifts its duties on canadian mexican metals and says it won't be slapping new tariffs on european or japanese cars for now. also on the show could climate change and the opposition a victory in australia's federal election. welcome to your business i'm steven vincent thanks for joining us the us full of steel and aluminum tariffs on canada and mexico effect of monday the development has been hailed as as a significant step towards finalizing a new north american trade deal president trump brought the tariffs into force last year 25 percent on steel and 10 percent on al-ameen i'm canada and mexico imposed retaliate 3 tariffs but that's now history. before i begin i am pleased to announce that we've just reached an agreement with canada and mexico and will be selling our product into those countries without the imposition of tariffs or major tariffs.