Threats of worldwide steel and aluminum tariffs by the U.S. holds major consequences for Canada. (Photo by The Canadian Press)

Trump considering global steel tariffs, potentially hitting Canada

WASHINGTON — The United States has fired a warning shot in what could become a global trade war.

It’s threatening to clobber worldwide steel and aluminum imports with tariffs.

The U.S. administration has delivered a series of recommendations to President Donald Trump, and he must decide on a course of action by April.

What he decides to do holds major consequences for Canada — the biggest supplier of both steel and aluminum south of the border.

One option would see the U.S. impose a 24 per cent tariff on steel imports from everywhere — including Canada. Another option would see a 53 per cent tariff on a smaller list of countries that does not include the northern neighbour.

That latter list includes Brazil, China, Costa Rica, Egypt, India, Malaysia, Republic of Korea, Russia, South Africa, Thailand, Turkey and Vietnam.

A third option would see the president simply ignore the recommendation, or follow an entirely different course of action.

U.S. Commerce Secretary Wilbur Ross announced the recommendations Friday.

“If (Trump) goes the targeted route, Canada would be excluded,” Ross told a conference call. “The blanket tariff alternative and the blanket quota alternative would target all countries.”

The ultimate decision rests with the president, the commerce secretary cautioned: “(Trump) will decide what he’s going to do… He is not bound by these recommendations… He could do something totally different — or do nothing.”

The recommendations released Friday also include aluminum. The president is being asked to consider a 7.7 per cent tariff on all aluminum exports from all countries, or a 23.6 per cent tariff on just a few countries: China, Hong Kong, Russia, Venezuela and Vietnam.

The proposals also call for the use of quotas.

The options suggested include limiting all countries to steel exports equal to 63 per cent of their 2017 exports into the U.S., or a more severe quota for a smaller list of countries if Trump goes the more targeted route.

Ross said he anticipates countries might fight back: “It wouldn’t surprise us if there were (retaliation).”

Just Posted

Buffalo Lake residents voice opposition to proposed RV Resort

County of Stettler holds contentious Public Hearing on Paradise Shores RV Resort

Is the Red Deer hospital expansion to be studied?

“Red Deer health capital planning” gets $1-million over five years

Case of former MLA accused of sex assault, interference back in court next month

Former Innisfail-Sylvan Lake MLA Don MacIntyre’s case to return to court on April 19

Fog advisory for Central Alberta

Fog will dissipate later this morning

WATCH: Hundreds come to Red Deer Rebels Fan Fest

The Red Deer Rebels met with legions of their of fans just… Continue reading

Excavator frees dolphins trapped by pack ice in Newfoundland harbour

HEARTS DELIGHT, N.L. — A pod of dolphins trapped by pack ice… Continue reading

Structure fire destroys home in Mirror

A house in Mirror is completely damaged due to an overnight structure… Continue reading

Trudeau warns senators not to thwart will of Canadians on marijuana bill

OTTAWA — Prime Minister Justin Trudeau is reminding senators that his government… Continue reading

Burgers outselling classic baguette sandwiches in France

PARIS — Forget the baguette. The French are going crazy for burgers.… Continue reading

Can Zuckerberg’s media blitz take the pressure off Facebook?

NEW YORK — In the wake of a privacy scandal involving a… Continue reading

Brace for more red ink, no good plan for balance in Alberta budget: opposition

EDMONTON — Opposition parties say Albertans should brace for a provincial budget… Continue reading

Police: Austin bomber’s motive still unknown, despite video

PFLUGERVILLE, Texas — A 25-minute cellphone video left behind by the bomber… Continue reading

Facebook crisis-management lesson: What not to do

NEW YORK — The crisis-management playbook is pretty simple: Get ahead of… Continue reading

Most Read

Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month