Trudeau Contacts Trump to Discuss Steel Tariffs

Trudeau Contacts Trump to Discuss Steel Tariffs

Acknowledging the fears that Trump's surprise announcement last week could spark a trade war, Mnuchin also hinted that the final implementation may address some of the issues. "We don't have exact details - it's too soon", said Rio Tinto Canada's manager of media relations, Claudine Gagnon.

For his part, the Mexican economy secretary, Ildefonso Guajardo, said that his government will wait until there is a USA decree on the matter.

In an early-morning tweetstorm Monday, President Donald Trump defended his decision to impose new tariffs on steel and aluminum by pointing to trade problems involving two of the US's closest allies. In fact, Canada's ambassador to the United States even corrected Trump when the president made the same claim in December - citing USA data.

In a statement, Mexico's economy ministry said Guajardo had discussed possible USA steel import tariffs with Ross, as well as bilateral agreements over tomatoes and sugar.

Mexico's Economy Minister Ildefonso Guajardo on Tuesday rejected making a bilateral trade treaty with the United States, saying the North American Free Trade Agreement, which is now being renegotiated, must remain a three-country accord. He told Fox Business Channel that, Thursday at 3:30 p.m. ET, surrounded by steel workers in the Oval Office, Trump would sign proclamations that impose tariffs that kick in within 15 to 30 days on most countries.

From the outset, Trudeau has taken a decidedly sunny approach to the unpredictable president, launching an outreach campaign to save NAFTA one encounter at a time with as many US lawmakers, governors and administration officials as possible. Former USDA trade adviser Paul Drazek, says the tariffs are less about China and more about a connection with NAFTA and Canada, the largest steel and aluminum exporter to the US. Further, the tariffs imposed by Mr. Trump may also fail to address America's trade deficit with the rest of the world as long as Americans prefer foreign goods while foreigners prefer American assets. As Adam Smith figured out more than 200 years ago, trade is always good because it's voluntary. Canada would be particularly hard hit as the largest foreign supplier to the USA of both metals. The White House quickly shot down any exemption talk, saying that allowing a few exemptions would inevitably lead to more.

Our state has lost 12,000 of its manufacturing jobs since NAFTA and other similar trade deals went into effect.

Alan Pardew turns on his own players after West Brom lose again
Pardew admitted it has now reached the stage where he needs to approach the board to see if they wish to make a change. Leicester manager Claude Puel praised his players for taking control of a lively encounter during the second period.

"We know, from experience, that we need to wait and see what this president is actually going to do", he said at a news conference.

Canada and Mexico, Bonnett said, have taken a "co-ordinated" position to talks in which they don't try to "pit" one block against another.

Meanwhile, Canacero urged the Mexican government to prevent the local market from being used as a "trade triangulation" environment by exporters intent on redirecting steel volumes previously destined for the United States, as well as to defend the national industry from unfair steel imports.

Lighthizer made public remarks that appeared to confirm something he allegedly told members of Congress behind closed doors a few weeks ago - leaving a meeting, they said he'd described the negotiations with Canada as more hard and was willing to complete talks with Mexico first.

On the one hand, a new poll says they're unpopular - just 28 per cent of Americans want a trade war and 31 per cent want tariffs, according to a Quinnipiac survey.

The official justification for the tariffs is that steel and aluminum imports threaten US national security.

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