Canada called Trump's duties on steel and aluminum imports unreasonable
U.S. President Donald Trump's duties on imports of steel and aluminum are "completely unjustified". This was announced by the Minister of Innovation, Science and Industry of Canada Francois-Philippe Champagne on February 11.
He specified that at the moment for both materials Canada is the largest supplier and the newly introduced 25% tariffs are completely unjustified.
"Canadian steel and aluminum support key industries in the U.S., from defense, shipbuilding, energy to automotive," CNN quoted Champagne as saying.
He said Canada is currently consulting with foreign partners to explore additional details of the tariffs.
Earlier, on February 10, it was reported that Trump raised tariffs on imports, steel and aluminum from 10% to 25%, as well as eliminated various exemptions and duty-free quotas for the largest suppliers. Prior to this, Trump had specified that these duties would be imposed on products from those countries that had previously imposed retaliatory restrictions on US products.
At the same time, the CEO of the association of steel producers UK Steel Gareth Stace said that Trump's decision to impose duties on imports of aluminum and steel will be a crushing blow to the UK steel sector.
On February 1, Trump signed an executive order imposing trade tariffs of 25% on goods from Canada, China and Mexico. At the same time, he promised to impose duties on goods from the EU. With this decision, Trump seeks to reduce the flow of the opioid fentanyl across the border, as well as the flow of migrants.
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