QuickQuotes: Industry reacts to U.S. tariffs and Canadian retaliation
The U.S. is making good on its threat to impose tariffs on Canadian-made steel and aluminum, prompting Canada is imposing dollar-for-dollar tariff “countermeasures” on up to $16.6 billion worth of U.S. imports.
Here’s a look at how Canadian industry is reacting to the escalation of trade tensions:
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“The overwhelming evidence is that Canadian steel and aluminum exports are not part of the problem that the U.S. administration is trying to address. Imposing tariffs on Canadian steel and aluminum risks harming the U.S. and Canadian economies and threatens thousands of jobs in both countries.” — Ken Neumann, director of the United Steelworkers Canada.


