ibusinesslines.com
ibusinesslines.com August 19, 2018


Canada will not be back door to cheap offshore steel, Trudeau reiterates

13 March 2018, 11:29 | Erica Roy

Canada will not be back door to cheap offshore steel, Trudeau reiterates

Kelly Barichello

Trudeau said the national security argument the USA has made when it comes to considering tariffs for Canadian steel and aluminum makes no sense - a refrain he's hammered in recent weeks.

"(That would) ensure the vitality of United States and North American manufacturing industries and. protect the economic and national security of the United States".

His Foreign Minister, Chrystia Freeland, will be in Washington on Tuesday and Thursday to "advance Canada's efforts to keep trade open, fair and barrier-free, to benefit people on both sides of the border", her ministry said in a statement.

Canadian steel facilities can't compete fairly against countries that choose "to sell at a loss in order to control the market", he said.

The Trump administration has set tariffs of 25 per cent on steel and 10 per cent on aluminum, applicable to every country except Canada and Mexico.

Mr. Trump has stated that the tariffs could be extended to two NAFTA partners if Canada and Mexico do not bend to USA demands in the renegotiation of that trade agreement.

"He always has with me", Trudeau said.

A heavy lobbying blitz by Canada after the tariffs were first announced March 1 helped convince the US administration to exempt Canadian steel when the final announcement was made last week.


Trudeau is also brushing off the idea that Canada might be bullied into a deal. He also credited Trump for keeping a promise: he said the president told him at last year's G7 that Canada would get an exemption, and kept his word. Canadian aluminum is in your fighter jets.

Trudeau accused China of flooding global markets with cheap steel on Monday, saying Canada has already taken steps to prevent "dumping".

The steel tariff investigation was launched to see the impact of steel imports on USA national security.

Later, at a roundtable with industry leaders, he spoke again of the importance of steel to Hamilton, but said he was there to listen.

Steel makers in Canada are pressing the federal government to make sure Canada doesn't become a dumping ground for offshore steel originally destined for the USA market.

"There is no better security partner to the United States than Canada is so that whole issue of national security is off the table".

"Canadian steel is in your tanks", Trudeau said on CNN.

But the USA government also wants to make sure cheap steel being dumped into North America by Brazil, South Korea, China and other countries doesn't enter the United States through a Canadian back door.



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