WASHINGTON—Ontario Premier Kathleen Wynne says “we’re very worried” about the possibility that U.S. President Donald Trump will impose a tariff on Canadian steel and aluminum. She said her meetings with governors confirmed her belief that the prospects for reaching a North American Free Trade Agreement deal have improved since the fall. On steel and aluminum, Trump is contemplating a variety of options: a global tariff or global quota, which would hit Canada; a tariff only on specific countries, which would exclude Canada; or a mix of tariffs on some countries and quotas for others. Trump’s complaint is the “dumping” of low-cost steel from countries such as China. Wynne said Canada is also a victim of dumping.

Source: thestar February 25, 2018 01:07 UTC