Published: Sat, March 10, 2018
Sports | By Toni Houston

Canada may get a special exemption on steel and aluminum tariffs

Canada may get a special exemption on steel and aluminum tariffs

But they also said that Canadian, Mexican and the technical staff of U.S. Trade Representative (USTR) Robert Lighthizer have remained focused on the task of overhauling the accord.

Seoul will "actively respond" to the tariffs, the ministry said, but it didn't specify whether it would take any retaliatory action against U.S. goods. "It must be that way".

However, with the sanctions due out this week and the latest round of NAFTA talks ending Monday with no agreement imminent, the two countries will face tariffs on their metals exports at least for some time.

Trump's tweets that he will exclude Canada from the tariffs if Canada will agree to USA demands on NAFTA is a solution for U.S. corporations and interests, but it's no solution for Canadian workers.

Many Republican lawmakers, who so far are standing by the bombastic GOP president, are extremely frustrated by Trump's tariff talk.

To date, a call for protectionism south of the border, specifically led by President Donald Trump's insistence that the 24-year-old free trade deal has been unfair to the United States, has unleashed a political battle of wills on trade goals.

The Chinese Commerce Ministry called Trump's tariffs "a serious attack on normal worldwide trade order" and said that Beijing is "firmly opposed" to the measures.

The plan has sparked an outcry among American allies such as Canada, the European Union, Mexico and Australia, as well as China.

A US proposal to slap tariffs on steel and aluminum imports "is a bad sign" for ongoing efforts to renegotiate the North American Free Trade Agreement (NAFTA), a Mexican researcher said. "Is this the start of a trade war, or it just going to be small battles on different areas of trade as opposed to a full-scale trade war?"

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A boy stands on the rubble of a damaged building at the besieged town of Douma, Eastern Ghouta, Damascus , Syria March 5, 2018. Turkey sent troops into the Afrin enclave on January 20 to drive out Syrian Kurdish fighters it considers to be terrorists.

For the first time since the North American Free Trade Agreement (NAFTA) came into effect in 1994, establishing one of the largest free trade marketplaces in the world, Canada, the United States and Mexico are on the verge of stepping backwards into the pre-NAFTA days, as the negotiations are teetering on the brink of failure.

On Monday morning, Trump also implied that he wants Mexico to alter some of its behavior if officials there want any chance of relief from the coming tariffs.

Trade adviser Peter Navarro told Charles V. Payne on Fox Business Wednesday night that Canada and Mexico would be excluded, but implied that whether it stays that way depends on renegotiating NAFTA.

The president said in tweets that tariffs would be imposed on Canada and Mexico unless "a new and fair NAFTA agreement is signed".

Farmers for Free Trade hosted a joint press conference Thursday with USA and Mexican farmers and producers, to highlight how the free flow of ag products between Mexico and the US supports jobs and economic growth in both countries.

But the U.S. does not have a trade deficit with Canada. It said the United States would become the largest oil producer in the world by 2023 as it could be producing 17 million barrels per day by that year, a significant increase from the 13.2 million barrels per day produced in 2017.

CCA director of government and worldwide relations John Masswohl was on site the first three days for the agriculture session discussions.

Treasury Secretary Steven Mnuchin said he recognizes the risk of retaliation against the USA for steel and aluminum tariffs the Trump administration plans to impose but still believes the move will benefit American workers. After an agreement is concluded, USA laws require additional steps before it can even be considered by the current Congress.

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