Trudeau, Trump talk steel and aluminum

Trudeau, Trump talk steel and aluminum

Trudeau, Trump talk steel and aluminum

It was their first conversation since Trump last week imposed tariffs on imported steel and aluminum, raising trade tensions.

"That was significant and we were glad to see that", she said.

Financial analysts noted that hitting Mexico with steel tariffs would not make much economic sense for the USA, which enjoys a surplus in the steel trade of $3.6 billion a year with Mexico, according to the bank UBS.

His Foreign Minister, Chrystia Freeland, will be in Washington tomorrow and Thursday to "advance Canada's efforts to keep trade open, fair and barrier-free, to benefit people on both sides of the border", her ministry said in a statement.

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Prime Minister Justin Trudeau is brushing off the idea that Canada might be coerced into making concessions at the NAFTA negotiating table under the pressure of tariff threats from the United States.

"The exemptions aren't a magical favour that was being done (for Canada)", Trudeau said.

The U.S. has said further delays might imperil the negotiations, with an outsider candidate leading polls for Mexico's July 1 election, and with Trump's party in danger of losing control of the U.S. Congress.

"(We're) highlighting that the imposition of tariffs on Canada would end up hurting the USA nearly as much as it would hurt Canada".

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He made the point by mentioning in his CNBC interview that he was a few kilometres from the Bagotville air force base, built during the Second World War to protect critical aluminum supplies required by the military.

U.S. President Donald Trump greets Canadian Prime Minister Justin Trudeau in the Oval Office at the White House in Washington, U.S., October 11, 2017. However, Trump more directly tied Canada and Mexico's exclusion from the tariffs to a successful NAFTA outcome.

Trudeau also said it was in part due to the hard work of Canadian officials that Trump exempted Canada from the tariffs last week. The tour was planned before the tariff exemption was confirmed but will still go ahead despite the exemption, with stops in Alma., Que, Hamilton, Ont., Sault Ste. While the penalties take effect later this month, Trump has encouraged countries to try negotiating exemptions for themselves.

Lawrence Valley and the Great Lakes, to the ports of the east and west coasts and urban centres across the country, Canada's steel and aluminum industries provide thousands of Canadians with good, middle class jobs and play an important role in our economy.

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"But I accept what the president said", Trudeau added, "that as long as there is a free-trade deal in North America there won't be tariffs".

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