'A complete distraction': U.S. puts tariffs back on Canadian aluminum
OTTAWA - U.S. President Donald Trump says he is reimposing tariffs on Canadian aluminum.
Trump says he signed a proclamation on Thursday that will put back in place the 10 per cent tariffs on raw aluminum imports from Canada.
He says "Canada was taking advantage of us, as usual."
One of the U.S.’s former envoys to Canada says that Trump is posturing ahead of the approaching November presidential election.
“This is a complete distraction,” former U.S. ambassador to Canada Bruce Heyman told BNN Bloomberg in an interview shortly after Trump’s announcement. “It is so unfortunate. It is a political stunt and I’m sorry to Canada that once again you’re bearing the brunt of our failed leadership.”
'A complete distraction': U.S. puts tariffs back on Canadian aluminum - BNN Bloomberg
“I interpret it as a president who’s in deep trouble politically,” Heyman said. “He’s within 90 days of his potential re-election knowing he’s well behind in the polls. We have 158,000 people who have died as a result of a mishandled pandemic. We have millions out of work that are now in jeopardy of maybe not even receiving supplemental compensation from this Congressional negotiation.”
Canadian aluminum-makers have said they switched production during the COVID-19 pandemic as demand for higher-end products crashed, and the resulting aluminum has been sent to the United States primarily for storage.
“I think Trump is hoping that Canada will punch back so that he can whip this up into, again, a multi-day conversation of a political tiff with a neighbour who is ‘taking advantage’ of [the U.S.], which is totally inaccurate,” he said.
Five weeks ago Canada, USA and Mexico signed the USMCA (NAFTA 2) trade agreement.
Canada announced last night that it will impose a 10% dollar for dollar tariff on US imports into Canada effective Aug 16th.
While the US can only produce 25% of its aluminum needs, there are plenty of products that Canada produces domestically that meet its needs yet allows US imports of the same product tariff free ... like dairy.
The tariffs will be targeted to Republican states.
Another case of President Trump needlessly increasing costs on US consumers via poorly thought out actions designed only to aid his sagging political fortunes.
Here it is almost 4 yrs later and the Libs haven't given up yet....nothing but a bunch of whiny babies ! Trump Rules
Trump FINALLY called out for taking credit for an Obama accomplishment in humiliating moment
The President and Republicans have unleashed a vicious attack on our right right to vote. We've seen this before. We've come too far, and we're not going back
Bookmarks