Canada slaps retaliatory tariffs on US aluminum goods
2020-08-10 10:21:15 [Print]
Canada has announced a C$3.6bn ($2.7bn, ￡2.1bn) tariff on US aluminum products a day after US President Donald Trump imposed a 10% tariff on some Canadian aluminum products.
Canada and the US reached a deal last year to lift tariffs on steel and aluminum imports that had been imposed on grounds of "national security". Mr Trump reintroduced them last Thursday to protect the US industry.
Last Friday's retaliatory tariffs by Canada will go into effect on 16 September.
Canada and the US reached a deal last year to lift tariffs on steel and aluminum imports that had been imposed on grounds of "national security". Mr Trump reintroduced them last Thursday to protect the US industry.
Last Friday's retaliatory tariffs by Canada will go into effect on 16 September.
Aluminum Alloy ADC12 FOB China
Unit:USD/mt
China secondary aluminum alloy producers' inventory statistics by province by month
Unit: mt
