Canada drops retaliation plans after U.S. ends aluminum levies

Deal or no deal: Ng and Deputy Prime Minister Chrystia Freeland confused that the U.S. resolution was “unilateral.”

“This isn’t a negotiated deal between Canada and the USA,” Freeland mentioned. “Now we have not agreed to something” with respect to quotas, she added.

U.S. Commerce Consultant Robert Lighthizer warned in a press release that if Canadian aluminum imports had been to exceed sure ranges over the past 4 months of 2020, Washington would impose the tariff “retroactively on all shipments made in that month.”

Freeland declined to specify which American imports the federal government had deliberate to retaliate in opposition to, apart from to say “all the very best objects on the listing” Ottawa had published for public feedback on countermeasures.

What’s subsequent: The aluminum business will watch how shipments play out the remainder of the 12 months to see if the Canada-U.S. truce will final. The outcomes of the Nov. three presidential election will seemingly have an effect on the way forward for the nations’ quarrel over metal and aluminum.

Add Comment

Click here to post a comment