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Trump Reimposes 10% Tariff On Canadian Aluminum

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American President Donald Trump on Thursday announced he had ordered a 10 percent tariff on Canadian aluminum be reimposed, saying America’s key trading partner was flooding the US market with the metal.

“Canada was taking advantage of us, as usual,” Trump said in a speech at a Whirlpool washing machine factory in Clyde, Ohio.

“I signed a proclamation that defends American industry by reimposing aluminum tariffs on Canada,” he said.

Trump had exempted Canadian products from the tariffs as part of the USMCA free trade deal with Mexico and the United States, on condition that they “not flood our country with exports and kill all of our aluminum jobs.”

“Canadian aluminum producers have broken that commitment,” he said.

The tariffs, which take effect August 16, are in response to what Washington called a “surge” in aluminum imports from Canada over the past year which “threatens to harm domestic aluminum production.”

“I have determined that the measures agreed upon with Canada are not providing an effective alternative means to address the threatened impairment to our national security from imports of aluminum from Canada,” Trump said in his proclamation.

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Akinola
Akinola
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