Baloney Meter: Is Canadian steel and aluminum actually a security risk to U.S.?
OTTAWA — “We believe, and our counsel believes, that this is a perfectly valid interpretation of ‘national security’ the way that it’s used in section 232, which is much broader than you might think in terms of usual parlance.” — U.S. Secretary of Commerce Wilbur Ross, Feb. 16.
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The Canadian government and private industry are bracing for a potential trade war after U.S. President Donald Trump announced last week that he plans to slap heavy-duty tariffs on all foreign-made steel and aluminum.
His justification? A U.S. Department of Commerce review that ruled such imports pose a threat to American national security as defined under section 232 of the Trade Expansion Act of 1962.