Canada probably won’t be excluded from U.S. tariffs on steel and aluminum, White House says - News Summed Up

Canada probably won’t be excluded from U.S. tariffs on steel and aluminum, White House says


“(Trump) has made a decision at this point,” he said of the 25 per cent tariff for steel and 10 per cent tariff for aluminum. To apply the tariffs, the U.S. is invoking a rarely used clause in a 1962 trade law that allows the president to declare tariffs if required by national security. The White House argues that the wording is broad, and that national security also could include employment and economic stability of the domestic steel industry. “I don't think we need to block Canadian steel in the name of national security. CNN's Jake Tapper asked Navarro to imagine how Canada might see this: “From the perspective of Canada ... Canada would say, 'National security exemption?


Source: thestar March 04, 2018 17:37 UTC



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