The Canadian Steel Producers Association wants a 50 per cent retaliatory tariff placed against all U.S. Steel entering Canada.
There’s plenty of dismay with the Ottawa-based lobby group after the Trump administration applied some heavy-handed 50 per cent tariffs on a laundry list of 407 Canadian steel and aluminum finished products entering the U.S.
It called the measure “another blow” to the cross-border economy that will impact Canadian manufacturers of products containing steel. Cutlery, propane tanks, heaters, air conditioners, and agricultural equipment are among the items on the list.
“This action includes immediately ending the ill-advised April reprieve on U.S. steel used in manufacturing and processing, ” the association said in an Aug. 21 news release.
“The Government of Canada must strengthen measures at the border, like the recently announced Tariff Rate Quotas (TRQs), to further protect our domestic steel industry,” said Catherine Cobden, president of the association, in a statement.
"We must continue our crackdown of foreign steel and indirect steel trade by tightening the allowable volumes within the TRQ to 20 per cent to reduce the unfairly traded or subsidized steel cannibalizing our domestic market.
“The time for action is now.”
