Canada
May 31, 2018
AIIS 'Deeply Disappointed' in Trump Tariffs on EU, Canada, Mexico
Written by Brett Linton
The American Institute for International Steel, a trade group representing foreign steelmakers, said it is deeply disappointed the Trump administration has decided to impose tariffs on steel and aluminum imports from the EU, Canada, and Mexico. “Make no mistake: restricting the raw material supply in the U.S. and imposing tariffs on imports from our closest trading partners places American manufacturers directly in harm’s way. The pain will by no means be limited to the manufacturing sector; a slew of other U.S.-made products will soon be penalized with retaliatory tariffs by our major export trading partners,” said AIIS President Richard Chriss.
The last time the U.S. imposed steel tariffs in 2002, more than 200,000 American manufacturers lost their jobs. The consequences of these 232 steel tariffs could be even worse for U.S. companies as the 2002 tariffs were not applied to Canada and Mexico, AIIS noted.
