US EditionWill Doubled Steel Tariffs Slam the Door to U.S. Market, or Are They Just Another Cost to Factor In?
4 Articles
4 Articles
Will doubled steel tariffs slam the door to U.S. market, or are they just another cost to factor in?
With U.S. President Donald Trump's tariffs on steel and aluminum now doubled, Canadian steel businesses and industry leaders — already wounded by the initial tax — have mixed feelings about what comes next.
ThePatriotLight - Carney Says Canada Still Weighing Response to Doubled US Steel Tariffs
ThePatriotLight - After the U.S. doubled its global steel and aluminum tariffs from 25 percent to 50 percent, Prime Minister Mark Carney says Canada is still determining how it will respond to the measures.“We will take some time—not much, some time—because we are in intensive discussions right now with the Americans on our trading relationship,” Carney told reporters in the House of Commons on June 4.Carney Says Canada Still Weighing Response t…
Canadian industries said they would have a devastating impact and asked for help from Ottawa.
WASHINGTON — U.S. President Donald Trump signed an order that will double customs duties on steel and aluminum as of Wednesday, while Canadian officials say they hope for a positive outcome of the meetings in Washington. In March, Trump imposed a 25% customs duty on imports of Canadian steel and aluminum into the United States. On Friday, he announced his intention to increase them to 50%, while he was visiting a steel mill. "He made this announ…
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