(Alexander Panetta – Canadian Press)
The United States has fired a warning shot in what could become a global trade war over steel and aluminum, threatening to impose a wide range of tariffs and quotas within several months on an undetermined number of countries.
Canada has reason to follow this closely.
It is the biggest international exporter of both steel and aluminum to the United States, so it has a significant stake in whatever President Donald Trump decides to do with a series of recommendations he received Feb. 16.
His administration has suggested a range of punitive options. Click here to read more.
- Secretary Ross Releases Steel and Aluminum 232 Reports in Coordination With White House (Commerce Department)
- Canada Hopes to Dodge Trump Crackdown on Foreign Steel (Bloomberg)
- South Korea Launches WTO Trade Challenge Against U.S. Duties (Reuters)