Trudeau, Sheehan talk tariffs with Canadian steel producers
05 June, 2018, 21:07 | Author: Melinda Barton
"These tariffs are an affront to the long-standing security partnership between Canada and the United States, and in particular, an affront to the thousands of Canadians who have fought and died alongside their American brothers in arms", he said, noting the USA national security justification for its measures. Trudeau calledthe tariffs "an affront to the long-standing security partnership between Canada and the United States, and, in particular, an affront to the thousands of Canadians who have fought and died alongside their American brothers in arms".
U.S. Treasury Secretary Steven Mnuchin failed to soothe the frustrations of his Group of Seven counterparts over the 25 percent steel and 10 percent aluminium tariffs that Washington imposed on Mexico, Canada and the European Union this week.
In an interview that aired on "Meet the Press" on Friday, Trudeau slammed the claim that the new tariffs will enhance USA national security.
Canadian officials have said that their proposed tariffs are meant to affect about $12.8 billion in goods coming from the US, roughly equal to the amount of Canadian goods hit by the Trump tariffs.
Canada announced tariffs on United States goods in response to President Donald Trump's steel and aluminum tariffs.
Just before the G7 summit ended, Trumptweeted that "the United States must, at long last, be treated fairly on trade".
They come as the two countries, along with Mexico, are trying to hammer out a renegotiated North American Free Trade Agreement and after Trump sent a warning to Trudeau late Thursday that the days of the USA being taken advantage of in trade deals "are over".
In blunt language, Mr. Trudeau also took aim at a US demand in the NAFTA renegotiations that he said killed progress on a deal.
He told MPs: "It is right to seek to defend our domestic industries from both the direct and indirect impacts of these USA tariffs.it's important that the United Kingdom and the European Union work within the boundaries of the rules-based worldwide trading system".
Canada's Prime Minister Justin Trudeau has said the U.S. imposition of tariffs on metal imports is an insult to their long standing security partnership, Press TV reports. The US cast the decision to include the three trading giants and allies in the tariffs as an urgent matter of national security to defend local markets: "Without a strong economy, you can't have a strong national security", Commerce Secretary Wilbur Ross said last week.
The minister said the government will work with provinces to support the metal industries but didn't go as far as Quebec which committed to help smaller aluminum producers.
"Your comments, in addition to political meetings between your staff and President Trump's advisers, for which there has been little information provided to us, are quite worrisome".
The 25 percent tariff on steel and 10 percent tariff on aluminum was meant to protect national security by ensuring domestic production of the metals for military use, according to the administration. Trump in turn blasted Canada on Twitter, alleging it has imposed unfair trade barriers.
He said the extra fees are damaging to people in both countries.
After the G7 summit, Canadian finance minister Bill Morneau issued a summary saying the other six members want Mr Trump to hear their message of "concern and disappointment" over the United States trade actions.
"It allows us to buy raw materials and whatnot in Canada less expensively, but it also makes our products available for Canadian consumption a lot more expensive".
While the tariffs being higher than expected could certainly have ramifications for U.S. businesses, experts say they would be permitted under worldwide law.
Mnuchin also noted that when it came to the other countries' views on US trade actions that "there was clearly a consensus from the rest of them", according to the Wall Street Journal.
The decision not to extend the exemption led to accusations that the president was triggering a trade war which could hit economies around the globe, including that of the US.
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