UBM - First Canadian Aluminum... Could U.S. Target Steel Next For Tariffs?
By Stuart Burns
Following President Donald Trump's reimposition of 10% import tariffs on Canadian aluminum, the U.S.'s northern neighbor is now sweating the possible reimposition of steel tariffs. The U.S. imposed the Section 232 tariffs in 2018. Eventually, the U.S. lifted them following the successful agreement of the United States-Mexico-Canada Agreement (USMCA).
"I hear that they're going to do tariffs on our steel industry as well," Ontario Premier Doug Ford is quoted in Bloomberg saying during a press conference in Toronto last week. "There are 40 categories of steel, they're going to go