Prime Minister Mark Carney announced curbs on steel imports, a new tariff and help with steel and lumber freight costs in a bid to aid Canadian industries.
Tag: Aluminum
What Do Trump’s Tariff Hikes Mean for Canada’s Trade-Dependent Economy?
After Canada failed to strike a trade deal with Washington, the president raised tariffs on some Canadian exports this week.
How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
Trump’s 50% Tariffs on Steel and Aluminum Imports Go Into Effect
President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry.
E.U. Officials Approve Retaliatory Tariffs Against the U.S.
The tariffs were slated to take effect starting on April 15, and to hit back at President Trump’s steel and aluminum levies.
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports, sparking new global trade spats as he attempts to shield the U.S. economy from foreign competition.
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.
US Proposes Global Green Steel Club That Would Put Tariffs on China
A concept paper sent to the European Union suggests a new trade approach to tax metal made with higher carbon emissions in countries like China.
European Steel Plan Shows Biden’s Bid to Merge Climate and Trade Policy
A potential agreement on steel trade provides the clearest look yet at how the Biden administration plans to implement a trade policy that is both protectionist and progressive
Biden Rolls Back Trump’s Metal Tariffs On European Union
The deal, which comes as U.S. and E.U. allies meet in Rome, will keep some trade protections in place in a nod to metalworking unions that supported President Biden.