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Canada to Slap Counter Tariffs on US Aluminium

Metal News - Published on Mon, 10 Aug 2020

Image Source: Canada Counter Tariffs US Aluminium
Canada’s Deputy Prime Minister Ms Chrystia Freeland said that Canada will hit American aluminium products with CAD 3.6 billion in counter-tariffs in response to absurd US levies announced on Canadian aluminium goods. Freeland told “In imposing these tariffs, the United States has taken the absurd decision to harm its own people. Canada would hold 30 days of consultations with Canadian industry on which US items to target with tariffs. We will not escalate and we will not back down. And we do hope that when Americans look at this list, they will understand why having a tariff dispute is a really bad idea. A trade dispute is the last thing anyone needs. It will only hurt the economic recovery on both sides of the border.”

Ms Freeland said that Ottawa has a long list of US products containing aluminum to possibly target for the retaliation, including washing machines, golf clubs and exercise equipment.

A preliminary list published by the Canadian government includes soda and beer cans, bicycles, golf clubs and washing machines.

US President Donald Trump said that he was reimposing a 10 per cent tariff on Canadian aluminium, accusing Canada of flooding the US market with the metal. The US tariffs, which take effect August 16, are in response to what Washington called a 27 per cent surge in aluminum imports from Canada over the past year which threatens to harm domestic aluminum production.

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Posted By : Yogender Pancholi on Mon, 10 Aug 2020
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