President Trump placed tariffs on some Canadian aluminum Thursday, a little over a month after implementing the new U.S.-Mexico-Canada Agreement designed to lower trade barriers across North America. The White House said certain types of aluminum were surging into the U.S., depressing the U.S. industry. The administration justified the tariffs using a national security provision and argued that a depressed U.S. aluminum industry threatens U.S. national security.

Source: Wall Street Journal August 06, 2020 20:54 UTC