OTTAWA,
ON, Feb. 9, 2025 /CNW/ - Today,
Catherine Cobden, President and CEO of the Canadian Steel
Producers Association (CSPA) released the following statement after
President Donald Trump
announced plans to introduce 25% tariffs on steel
and aluminum on all imports into the United
States:
"We are deeply concerned that US President Donald Trump is again threatening more tariffs
on Canada, this time directly
targeting the steel and aluminum sectors. While the details remain
unclear, we will analyze the President's order once it is
released and have more to say at that time.
"When President Trump implemented tariffs on Canadian steel in
2018, we saw massive disruptions and harm on both sides of the
border, hurting both America and Canada.
"The Canada - US economy is so
highly integrated; with $20B in trade
of steel between our two countries. 40% of Canada's steel imports comes from the United
States.
"This at a time when Canada has
worked tremendously hard to align our trade policy with
the United States to protect both
markets from unfair trade that threaten jobs and communities. For
example, Canada implemented its
own Section 53 tariffs on Chinese steel imports and a monitoring
system of all imports to ensure it can identify the country of melt
and pour.
"While the target of Canadian steel and aluminum is completely
baseless and unwarranted, we must retaliate
immediately.
"We are urgently demanding that the Government of Canada act again with resolve and purpose
to combat this threat and ensure any measure taken against our
sector is met with retaliatory measures and action to offset the
devastating impacts tariffs would have on our sector and our
workers."
About the Canadian Steel Producers Association
The Canadian Steel Producers Association is the national voice
of Canada's primary steel and the
pipe and tube industry, dedicated to ensuring a competitive and
sustainable business environment for its members and supply chain
stakeholders. Canadian steel producers are integral to Canada's economy and a vital supplier to many
segments of North American industry, including the automotive,
energy, construction, and transportation sectors.
SOURCE Canadian Steel Producers Association