Trump now weighing options for global steel tariff; Canada will watch closely
WASHINGTON — The United States has fired a warning shot in what could become a global trade war over steel and aluminum, threatening to impose a wide range of tariffs and quotas within several months on an undetermined number of countries.
Canada has reason to follow this closely.
It is the biggest international exporter of both steel and aluminum to the United States, so it has a significant stake in whatever President Donald Trump decides to do with a series of recommendations he received Friday.
His administration has suggested a range of punitive options.