Ottawa seeks to reassure Quebec's aluminum industry over Trump's proposed tariffs [CBC (Canadian Broadcasting Corporation)]
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Source: CBC
Ottawa seeks to reassure Quebec's aluminum industry over Trump's proposed tariffs Navdeep Bains spoke in Montreal a day after tariff proclamation comments by U.S. trade adviser Canada is still looking for a "win-win situation" as an alternative to the hefty tariffs looming over steel and aluminum imported into the United States, says Economic Development Minister Navdeep Bains Applying the tariffs, which threaten to handcuff one of Quebec's most important export industries, would ultimately not be in the U.S.'s best interest, Bains said Thursday in Montreal. "Because if you look at any tariff, it will have a negative impact on U.S. jobs and also on U.S. producers," he said. The minister was speaking at a roundtable that included the presidents and CEOs of prominent Quebec aluminum producers, including Rio Tinto? Aluminum, the Aluminum Association of Canada and Alcoa. The Canadian government is seeking an exemption from expected tariffs of 25 per cent on imported steel and 10 per cent
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