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RSS FeedsOntario urges Ottawa to lift tariffs on U.S. steel and aluminium
(The Star Toronto Raptors)

 
 

4 february 2019 18:44:13

 
Ontario urges Ottawa to lift tariffs on U.S. steel and aluminium
(The Star Toronto Raptors)
 


The government of Ontario is urging Ottawa to surrender in the trade war with the United States that is hurting steel and aluminium industries in Canada.Economic Development and Trade Minister Todd Smith told reporters at Queen’s Park on Monday that the federal government must immediately lift its retaliatory tariffs against the Americans.“We want tariffs removed on both sides of the border when it comes to steel and aluminium,” said Smith, who has sent Ottawa a joint letter with Quebec Minister of Economy and Innovation Pierre Fitzgibbon.“This is bad for industry,” he said, imploring Prime Minister Justin Trudeau to end the impasse with President Donald Trump and criticizing the federal government’s new trade deal with the U.S. and Mexico.In their missive, the provincial ministers demand “the permanent removal of any and all tariffs on Canadian steel and aluminium.”“At the same time, it is important that Canada not agree to an outcome that would see other trade impediments such as quotas continue to restrict trade and hamper the competitiveness and growth of Canadian industry,” the ministers wrote.But the Quebec government’s stance appears to differ slightly from Ontario, said Fitzgibbon’s office, which is not calling for an immediate end to the levies without any concessions stateside.Last May, the U.S. imposed tariffs of 25 per cent on imports of Canadian steel and 10 per cent on imports of Canadian aluminium.Canada retaliated with “dollar-for-dollar” tariffs of its own against American industry.Ottawa noted that money collected from the levies has been flowing to companies in Ontario. About $624 million has been distributed across the country, mostly in this province.Federal Economic Development Minister Navdeep Bains said there are no plans to capitulate.Read more:Trump says his tariffs do not existMexico, Canada diverge in tariff relief hopes after trade dealCanada and Mexi ...


 
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