The new US Tariffs can affect the entire Canadian steel industry, said the president of the Steel Producers Association of Canada. Earlier, the government of the country, as well as the EU, pledged to challenge such a move by Washington in the WTO
President of the Canadian Steel Producers Association Joseph Galimberti called the situation with the introduction of the US new duties on the import of steel and aluminum “catastrophic” for the steel industry of his country.
Galimberti said that members of his group have not yet asked Ottawa for support. Instead, he said, industry officials demanded that the government take counter-tariffs as soon as possible.
“We are seeing customers right now are changing orders, postponing them […], this is a difficult situation for the Canadian steel industry,” the head of the association told reporters.
Canada’s Minister of Innovation, Science and Economic Development, Navdip Bains, said after a cabinet meeting that the government is negotiating with representatives of both sectors on possible support measures.
“We are in intensive negotiations on what we can do to support them,” the minister said. “We will consider all options.”
Later, Prime Minister of Canada Justin Trudeau met with the leaders of the enterprises of the steel industry. “We are going to defend our workers,” he told reporters after the meeting.
The administration of President Donald Trump has introduced import duties of 25% on steel and 10% on aluminum from Canada, which is considered the largest exporter of steel in the United States. Similar duties have been introduced for Mexico and the European Union. Ottawa and Brussels have already expressed their intention to challenge the introduction of duties in the World Trade Organization (WTO).