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Feds mulling safeguards to prevent ‘surge’ of cheap steel imports into Canada
Ottawa, ON — The federal government extended an olive branch of sorts to Donald Trump’s tough-on-trade White House on Tuesday as it began exploring how best to address industry concerns that U.S. tariffs are turning a trickle of foreign steel…
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Canned food companies to increase prices to combat aluminum tariffs
Toronto, ON — Soup, soda and beer makers can’t seem to put a lid on the effects of the recent aluminum tariffs. The 10 per cent fees that were slapped on imports of the metal by U.S. President Donald Trump…
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Canada’s June trade numbers surprisingly strong despite U.S. tariffs on metals
Surging exports led by higher-priced energy products allowed Canada to shrug off new U.S. steel and aluminum tariffs in June to post the lowest monthly merchandise trade deficit with the world in 17 months. The difference between Canada’s exports and…
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Saskatchewan premier says new US tariffs hurting steel projects in province
Regina, SK — Saskatchewan’s premier says the recently imposed U.S. tariffs on Canadian steel and aluminum have caused some projects in the States to grind to a halt. On Thursday, Scott Moe said several energy pipeline projects in Texas and…
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Industry players wary of tariff war, in spite of potential benefits
Canada’s tariffs on imported U.S. goods — everything from strawberry jam to sleeping bags — could steer consumers to seek out cheaper, made-in-Canada alternatives, but domestic industry players are fearful that input costs will rise and American politicians could retaliate…
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Aluminum and steel users disappointed with imposition of hefty U.S. tariffs
Consumers on both sides of the border could be caught in the middle of a trade war as businesses slap them with higher prices to offset the impact of billions of dollars worth of reciprocal tariffs announced by the United…
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Canada responds to U.S. steel, aluminum tariffs with ‘countermeasures’ of its own
Washington, DC — Canada is imposing dollar-for-dollar tariff “countermeasures” on up to $16.6 billion worth of U.S. imports in response to the American decision to make good on its threat of similar tariffs against Canadian-made steel and aluminum. The tariffs,…
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U.S. imposing steel and aluminum tariffs on Canada, Mexico, ahead of G7
Washington, DC — The Trump administration is making good on its threat to slap Canada with hefty steel and aluminum tariffs, setting the stage for a possible trade war and leaving Prime Minister Justin Trudeau in the middle of a…
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NAFTA unresolved, steel tariffs hanging after Freeland, Lighthizer meeting
Washington, DC — To hear Chrystia Freeland tell it, NAFTA and steel are like apples and oranges. Canada’s foreign minister is in Washington this week to avert an economic storm that could see Canada sideswiped by crippling U.S. tariffs on imports of…
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Trump stresses desire for quick NAFTA deal in phone chat with Trudeau
Washington, DC — President Donald Trump urged the quick completion of the NAFTA negotiations in a phone call with Prime Minister Justin Trudeau on Monday, amid indications the U.S. wants a deal wrapped up this spring. Trudeau called his American…
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Industry groups say US tariffs will cost jobs, raise prices
Los Angeles, CA — A broad swath of U.S. industries is unhappy with the tariffs that the Trump administration is imposing on aluminum and steel imports, warning the penalties will jack up costs, raise prices for consumers and potentially put…
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Baloney Meter: Is Canadian steel and aluminum actually a security risk to U.S.?
Ottawa, ON — “We believe, and our counsel believes, that this is a perfectly valid interpretation of ‘national security’ the way that it’s used in section 232, which is much broader than you might think in terms of usual parlance.”…