According to CoinMeta, Canadian government officials stated on Wednesday that there has been limited progress in trade negotiations with the United States. The two countries are discussing an agreement to reduce tariffs imposed by the U.S. on Canadian steel and automobiles. The Republican Party, to which U.S. President Donald Trump belongs, faces the risk of losing control of Congress in next week's mid-term elections, and tariffs on Canadian imports have become a political burden for Trump. The focus of the latest round of negotiations is on tariffs imposed under Section 232 of U.S. trade law, including tariffs of up to 50% on Canadian steel and 25% on automobiles. Trump predicted that this trade dispute will be resolved "soon," but did not provide any specific details. Canadian Prime Minister Justin Trudeau said that the negotiations have "strengthened."