Canada might hit again this week with retaliatory measures after the U.S. slapped tariffs on aluminum imports.
Deputy Prime Minister Chrystia Freeland is predicted to make an announcement about how the federal government plans to deal with the counter-measures Tuesday morning.
On Monday, International Affairs Minister Francois-Philippe Champagne mentioned Canada continues to be making an attempt to barter the dispute however will apply “the identical coverage we did final time” if deemed needed.
“We had dollar-for-dollar tariffs,” Champagne mentioned forward of a two-day cupboard retreat in Ottawa.
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“Clearly we’re persevering with to barter, however we’re going to be ready to react, as we did final time. I feel Canadians perceive that we stood up and can rise up once more for aluminum in Canada.”
U.S. President Donald Trump introduced the reimposition of a 10 per cent tariff on some Canadian aluminum merchandise throughout an occasion in Ohio on Aug. 6, claiming the U.S. aluminum enterprise was “being decimated by Canada” and that Canada had damaged a promise to not flood the U.S. market with the product.
The White Home additionally cited nationwide safety issues in explaining the Trump administration’s resolution to revive the tariffs. The U.S. tariffs went into impact on Aug. 16.
Freeland beforehand known as the U.S. resolution “unwarranted” and mentioned Canada would reply “swiftly and strongly” with retaliatory tariffs valued at $3.6 billion.
Freeland’s announcement Tuesday follows 30 days of consultations by the federal government on aluminum and aluminum-containing merchandise it’s seeking to topic to the tariffs.
The listing of potential targets consists of items comparable to home equipment, drink cans, workplace furnishings, bicycles and golf golf equipment.
Each Champagne and Freeland have vehemently denied Trump’s claims.
“Aluminum from Canada is not any risk to nationwide safety in the US. I feel that’s extra apparent than ever,” Champagne mentioned Monday.
“Once you’re taking a look at provide chains, that are going from international to regional, the actual alternative right here is to assume, ‘How can we construct extra in North America and promote to the world?’”
Up to now, Freeland has additionally emphasized that the “first casualties” of the reimposed tariffs can be American staff and customers.
“The US has taken the absurd resolution to hurt its personal individuals at a time when its economic system is struggling the deepest disaster because the Nice Despair,” she mentioned on Aug 7.
“In actual fact, the very washing machines manufactured on the Whirlpool plant the place the president made his announcement yesterday will turn into costlier for People and fewer aggressive with machines produced elsewhere on this planet.”
Trump’s transfer comes on the heels of a U.S. presidential election in November and amid a steep financial downturn attributable to the coronavirus pandemic. It additionally follows the renegotiated NAFTA, which got here into power in July after years of labor by Canadian, American and Mexican officers.
Trump beforehand used steep tariffs on metal and aluminum as a bargaining chip throughout these negotiations to stress Canadian officers to cave to his calls for.
— with recordsdata from the Canadian Press and World Information’ Amanda Connolly
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