OTTAWA - Canada is moving to shore up its domestic steel industry amid U.S. President Donald Trump's ongoing global trade war, with new tariffs targeting China and other countries around
And how do the USA tariffs lower the costs of producing Canadian steel? If the costs are the same, but the prices drop, then the production becomes less profitable or even at loss. How this would help Canadian industry when the steel production is forced to stop?
Other countries have already lost their production capabilities similar way, it is natural that Canada tries to be more careful.
And how do the USA tariffs lower the costs of producing Canadian steel? If the costs are the same, but the prices drop, then the production becomes less profitable or even at loss. How this would help Canadian industry when the steel production is forced to stop? Other countries have already lost their production capabilities similar way, it is natural that Canada tries to be more careful.