Trump’s aluminum tariffs likely counterproductive
June 1, 2018 By CBC
Trade actions like the ones taken by the Trump administration this week are intended to inflict pain, and the steel and aluminum tariffs levied by the Trump administration are unwelcome developments for both industries in Canada.
But the harm will fall disproportionately on producers of steel, rather than aluminum — and not only because the tariff on steel (25 per cent) is higher than the one on aluminum (10 per cent).
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