Sask. concerned about potential steel tariffs

U.S. President Donald Trump has announced plans to impose steep tariffs on imports of steel and aluminum

Mr Trump hit back, vowing the USA would slap a tax on cars made in Europe.

President Trump has said that the steel tariff will be 25%, and the aluminium tariff 10%.

"If Trump makes the U.S. an erratic and chaotic trade partner, Australia will be seen by China, South Korea, India and ASEAN as safe, reliable and on side in the Asia Pacific, particularly given the withdrawal of the United States of America by the Trump administration of the Trans Pacific Partnership (TPP)", Mr Harcourt said on Monday. Canada would say, 'National security exemption?

That followed similar equivocation by Sarah Huckabee Sanders, the White House spokeswoman, who was asked on Friday whether Mr. Trump was committed to the tariffs he announced in a hastily arranged meeting on Thursday. The tariffs on aluminum and steel and large tariffs on European automakers would have the biggest impact on Canada, the United Kingdom, Germany, South Korea, Turkey, and Japan, countries which the US has extremely close national security ties.

President Donald Trump burnished his tough-on-trade image last week by declaring he would impose tariffs on US steel and aluminum imports.

A Chinese foreign ministry spokesman said: "If all countries followed the example of the United States, [it] will undoubtedly result in a serious impact on the worldwide trade order".

"We believe vital trading partners, including Canada, should be exempt from any tariff on aluminum", Alcoa said.

But previous attempts to address dumping of low-priced foreign steel on the market have had a mixed impact at best; an analysis of President George W. Bush's 2002 targeted steel tariffs found that more people in steel-consuming industries lost their jobs (about 200,000) than worked in American steel production altogether (187,500). Economists condemned it. Foreign powers threatened to retaliate.

"If the European Union wants to further increase their already massive tariffs and barriers on US companies doing business there, we will simply apply a Tax on their Cars which freely pour into the US", Trump wrote on Twitter.

World Trade Organization Director General Roberto Azevedo said: "A trade war is in no one's interests".

"The problem here is simply that imports are coming in and putting our aluminum companies out of business and our steel companies out of business", Navarro said. He said he was taking the action to protect the American steel industry, which he argued had been "decimated" by global trade policies. "We get every year a half-a-trillion-dollar trade deficit that transfers our wealth to other countries and basically "offshores" our jobs and our factories", Navarro said. With the order to come as early as next week, the tariffs would not only raise costs for local consumer goods manufacturers but also impact both small and midsize businesses that used steel and aluminum in any measure, according to several trade organizations.

Canada has a host of allies south of the border fighting on its behalf.

The president's trade advisers fanned out across television news shows yesterday to defend the move, saying it was necessary to ensure the survival of the domestic steel and aluminum industries and would be put into effect soon. On Sunday night, the President tweeted again referring to the country's steel and aluminum industries as "dead".

During an appearance on CNN's "State of the Union", Navarro also said, "What I love about this president is he listens to all points of view, both within his government and outside, and then he makes the tough decisions". "It's going to get dirtier before it gets better".

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