U.S. will slap Canada with steel and aluminum tariffs beginning at midnight

May 31, 2018

U.S. tariffs amount to 25% on imported steel and 10% on aluminum

The U.S. is slapping Canada with tariffs on its steel and aluminum imports beginning at midnight.

U.S. Secretary of Commerce Wilbur Ross made the announcement during a call with reporters Thursday morning.

President Donald Trump announced in March that the United States would impose tariffs of 25 per cent tariff on imported steel and 10 per cent on imported aluminum, citing national security interests.

He granted exemptions to his North American Free Trade Agreement allies and the European Union, but those all were set to expire June 1...

This was excerpted from the 31 May 2018 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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