(Rachel Aiello – CTV News)
The federal government is set to announce Canada’s final retaliatory tariff list as well as a financial aid package for the steel and aluminum industries on Friday, CTV News has learned.
Foreign Affairs Minister Chrystia Freeland, Economic Development Minister Navdeep Bains, and Labour Minister Patty Hadju will be at the Stelco steel company in Hamilton, Ont. Friday morning to make the announcement and take reporters’ questions.
International Trade Minister Francois-Philippe Champagne will be making a similar announcement at the Rio Tinto aluminum plant in Saguenay, Que., on Friday afternoon.
The ministers are expected to reveal which U.S. goods will be slapped with a 10 per cent surtax come July 1. These tariffs are part of the overall $16.6 billion Canadian countermeasures on imports of steel, aluminum, and other products from the Unites States. They are in response to the U.S. imposing a 25 per cent steel tariff and 10 per cent tariff on aluminum from Canada. Click here to read more.
- Canada to Aid Steel, Aluminum Industries Hit by U.S. Tariffs (Reuters)
- From Ketchup to Toilet Paper: Canada Launching Retaliatory Tariff Broadside (Canadian Press)
- Chrystia Freeland Coming to Hamilton to Talk Tariff Retaliation, Steel (CBC New)
- Tariffs Could Cause Hike in Canadian Food Prices: Empire CEO (Canadian Press)