United States tariffs raise risk Canada will fall prey to foreign steel dumping


Her words echo those of Mexican Economy Minister Ildefonso Guajardo who said last week Mexico also believed the steel tariffs had nothing to do with the NAFTA talks.

Canadian Prime Minister Justin Trudeau promised aluminum and steelworkers on Monday he would defend them against possible U.S. tariffs and called U.S. President Donald Trump to stress that "mutually beneficial" cross-border supply chains should be preserved.

Canada, the biggest supplier of steel and aluminum to the United States, escaped Trump's import duties along with Mexico, but the two countries could still face duties if they fail to reach a deal with the Trump administration on modernizing the North American Free Trade Agreement.

Prime Minister Justin Trudeau on Monday accused China of flooding global markets with cheap steel, adding that Canada has already taken steps to prevent "dumping" in this country.

Trump said he would temporarily exempt Canada and Mexico from global steel and aluminium tariffs while the three countries negotiate a new NAFTA deal.

His comments came amid rising trade tensions in the wake of a U.S. decision to impose steep tariffs on imported steel and aluminium.

Freeland said it was absurd to consider Canadian steel a national security threat and that "as far as Canada is concerned there is absolutely no connection" between the national security reasons cited for the steel tariffs and NAFTA.

Trudeau said Canada had a lot more work to do and would press Washington to ensure the exemptions were permanent.

Following the close of the seventh round of negotiations last week in Mexico, U.S. Trade Representative Robert Lighthizer said the U.S. wants to get a deal done in the next four to six weeks. "It has a negative impact on the NAFTA talks". "That is because the level of integration within our two markets is deep, complex and profitable to both of our countries". He is scheduled to tour steel mills in Hamilton, Sault Ste. The steel tariff investigation was launched to see the impact of steel imports on USA national security.

This form of processing allows it to be stamped "made in Canada" and could avoid the US tariff, which is why the federal enforcement officials will need to identify the country of origin of the original steel, said one industry executive who asked that his name not be used because he is not authorized to speak to the media. Marie, Ont., and Regina, Sask.

The Prime Minister told aluminum plant workers in Saguenay, Quebec, he will always have their backs when it comes to fighting US tariffs.