OTTAWA - Steel originating in China will be subjected to higher tariffs to tackle steel dumping amid U.S. President Donald Trump's ongoing global trade war, Prime Minister Mark Carney said
And how do the USA tariffs lower the costs of producing Canadian steel? If the costs are the same, but the prices drop, then the production becomes less profitable or even at loss. How this would help Canadian industry when the steel production is forced to stop?
Other countries have already lost their production capabilities similar way, it is natural that Canada tries to be more careful.
And how do the USA tariffs lower the costs of producing Canadian steel? If the costs are the same, but the prices drop, then the production becomes less profitable or even at loss. How this would help Canadian industry when the steel production is forced to stop? Other countries have already lost their production capabilities similar way, it is natural that Canada tries to be more careful.