USA AND CANADIAN AUTO SECTOR TO SIZE UP IMPACT OF METAL DUTIES, WHILE NAFTA PROSPECTS LOOK GLOOMY
May 1st, 2018
THE AMERICAN and Canadian automotive industries will be counting the cost of new tariffs being imposed on steel and aluminum traded between their countries, following the decision yesterday by the Trump administration to start collecting 25% on Canadian steel and 10% on aluminum.
This move sparked an immediate and angry response from the Canadian government, which said it now planned to impose 25% duties on US steel and 10% on American aluminum from July 1.
The range of steel and aluminum products targeted by both governments include a large number used by auto ...
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