Monday 5 March 2018

At NAFTA talks, Canada vows to counter US steel, aluminium tariffs

Steel

Canada will respond in kind to any tariffs imposed on its steel or aluminum exports to the United States, Foreign Minister Chrystia Freeland said at the close of a seventh round of continental trade talks.

"Should restrictions be imposed on Canadian steel and aluminum products, Canada will take appropriate, responsive measures to defend our trade interests and our workers," Freeland told a press conference.
Earlier US President Donald Trump said he would not back down on the tariffs, nor offer exclusions to North American Free Trade Agreement (NAFTA) partners Canada and Mexico unless he gets a "fair" deal in the current negotiations to revamp the 1994 trade agreement.

"No, we're not backing down," Trump told reporters following his Oval Office meeting with embattled Israeli leader Benjamin Netanyahu. "There will be tariffs on steel for Canada and for Mexico."

No comments:

Post a Comment