Canada Retaliates against U.S. Steel Tariffs
On May 31, 2018, the U.S. announced the imposition of tariffs on imports of certain steel and aluminum products from Canada at the rates of 25% and 10%, respectively. In response to these measures, Canada retaliates swiftly against U.S. steel and aluminum tariffs by imposing its own trade barriers on everything from steel products to maple syrup. The retaliatory measures will cover $12.8 billion in U.S. imports to Canada. These countermeasures will take effect on July 1, 2018 and will remain in place until the U.S. eliminates its trade-restrictive measures against Canada.
Speaking on NBC’s Sunday morning news show Meet the Press, Canadian Prime Minister Justin Trudeau said:
The fact that the president has moved forward with these tariffs is not just going to hurt Canadian jobs, it’s going to hurt U.S. jobs as well and neither of those things is something Canada wants to see. The idea that Canadian steel that’s in military vehicles in the United States, that makes your fighter jets is somehow now a threat, the idea that we are somehow a national security threat to the United States is quite frankly insulting and unacceptable.
Canada’s Minister of Foreign Affairs, Chrystia Freeland said:
What you are saying to us and all of your NATO allies is that we somehow represent a national security threat to the United States. This is a really sad time for us, we are hurt and we’re insulted. Please think hard about the message you’re sending to your closest allies