Trump is weighing options for steel and aluminum tariffs. One would target the entire world, while another would hit a shorter list of countries and spare Canada. The stakes are high for Canada, which is the No. 1 seller of both products to the U.S.
They are particularly high for the premiers who just visited Washington — Ontario is a major supplier of steel and automobiles while Quebec is a key supplier of aluminum.
Canada is not yet exempted from the potential hit-list. A news report Friday from Bloomberg said Trump is actually leaning toward the most punitive action possible, which reportedly would be a 24 per cent worldwide tariff on steel and an aluminum tariff as high as 10 per cent.
They are particularly high for the premiers who just visited Washington — Ontario is a major supplier of steel and automobiles while Quebec is a key supplier of aluminum.
Canada is not yet exempted from the potential hit-list. A news report Friday from Bloomberg said Trump is actually leaning toward the most punitive action possible, which reportedly would be a 24 per cent worldwide tariff on steel and an aluminum tariff as high as 10 per cent.
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