http://signaloil.wpengine.com/wp-content/uploads/2015/10/Signal-Oil-logo-red-300x32.png 0 0 RSS FEED http://signaloil.wpengine.com/wp-content/uploads/2015/10/Signal-Oil-logo-red-300x32.png RSS FEED2018-08-16 03:03:092018-08-16 03:03:09Canada To Consider Steel Safeguard Response To US Tariffs
Canada To Consider Steel Safeguard Response To US Tariffs
Canada said on Aug. 14 it will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs against its major trade partner in March.
Finance Minister Bill Morneau said a 15-day consultation period will be used to look at the harm or threat of harm to seven steel categories, including steel plate, rebar, energy tubular product, hot rolled sheet, pre-painted steel, stainless steel wire and wire rod.
“Our government believes the tariffs levied by the United States represent an exceptional circumstance, and that’s why provisional safeguards are being considered,” Morneau told a news conference at steelmaker ArcelorMittal’s Dofasco plant in Hamilton, Ontario.