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Canada’s foreign minister visits Evraz Regina mill to tout steel deal

Steel News - Published on Fri, 24 May 2019

Image Source: Saskatoon StarPhoenix
The Star Phoenix reported that the end of US steel tariffs merited another ministerial victory lap at Evraz’s Regina mill on Wednesday as Canada’s foreign minister traded smiles with steelworkers. Nothing seemed to dampen the celebrations, not even the accepted fact that part of the trade wall facing the company remains intact. Foreign Affairs Minister Chrystia Freeland visited the mill’s tubular operations section on Wednesday, days after Canada and the United States announced a deal to lift the 25% tariffs President Donald Trump slapped on Canadian steel imports under dubious “national security” grounds. But the large-diameter steel welded pipe made in that very space continues to face 12% American duties, something the company’s CEO acknowledged is a problem for the mill’s competitive position.

Ms Freeland said those duties are “entirely separate” from the tariffs removed on Friday. She said that “Look, Canada and the United States have a huge trading relationship. We do USD 2 billion of trade every day. It is natural, it’s inevitable, that there will be trade irritants, and that is why we have our NAFTA dispute settlement process and the WTO to resolve those disputes.”

But Ms Freeland said she remains in “close touch” with Evraz North America CEO Conrad Winkler over the duties.

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Posted By : Ratan Singh on Fri, 24 May 2019
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