U.S. tariffs raise risk Canada will fall prey to foreign steel dumping
OTTAWA — The president of the Canadian Steel Producers Association says Canada may be off the hook for now from American steel and aluminum tariffs but it is still at risk from a glut of foreign steel.
Joseph Galimberti says Canada has to work very quickly to identify possible attempts to circumvent the U.S. tariffs by sneaking steel in through Canada and must be prepared to act to stop this.
“We have been, and will continue to be, in steady communication with the government of Canada to ensure that no steel diversion is taking place as a result of the tariffs imposed by the United States,” said Galimberti.
President Donald Trump required Canada and Mexico to take steps to stop trans-shipments of foreign steel via their ports as one of the conditions for exempting them from the 25 per cent duty on steel and 10 per cent duty on aluminum that will apply to imports from every other country.