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Canadian steel

Bracing for Trump's Tariffs

Professor Emerti, Atif Kubursi, weighs in on the new tariff imposed on Canadian steel, stating the big consideration is how long the tariff remains in force.

Jun 06, 2018

The 25 per cent tariff on Canadian steel imposed at midnight Thursday will inevitably cause U.S. border chaos for Hamilton steelmakers as American officials struggle to enforce the new rules, Hamilton’s Chamber of Commerce says.

“I hate to be alarmist but I feel there is going to be a major backup at the border,” says Keanin Loomis, the CEO of the Hamilton Chamber. “Think about it. When that first truck crosses the border, is the border patrol agent going to be ready? And the effects after that are only going to be compounded.”

But how the trade sanctions will play out over the coming weeks is far from certain.

Continue reading on The Toronto Star website.