Quebec invests $863M to mitigate impact of U.S. tariffs increase

August 16, 2018

In response to increased tariffs on exports bound for the United States, Quebec Premier Philippe Couillard has announced a $863-million investment over five years to help businesses across the province cope.

Some of those businesses say they are already feeling the impact of the tariffs — 25 per cent on Canadian steel exports and 10 per cent on aluminum — which were announced by U.S. President Donald Trump in May.

"To Mr. Trump, we say, 'Do what you think you have to do,'" Couillard told Radio-Canada. "We will produce as much of the best possible product as we can, at the best possible cost, and then we'll win."...

This was excerpted from the 15 August 2018 edition of CBC News.

Topic(s)

Trade Agreements

International Trade and Border Management

Information source

Canadian News Channel

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