Articles on steel tariffs

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Heads of state attended the G7 summit in La Malbaie, Quebec, on June 9, 2018. Top row: European Council president Donald Tusk, UN Secretary-General António Guterres, International Monetary Fund Managing Director Christine Lagarde. Bottom row: Seychelles President Danny Faure, French President Emmanuel Macron and German Chancellor Angela Merkel. US president Donald Trump’s recent protectionist moves were at the top of the agenda. Ludovic Marin/AFP

Trade war with the United States: a positive outcome for Europe?

After the G7 fiasco, it's clear that a trade war is in the making. US justifications of "national security concerns" for its tariffs suggest a legitimate target for EU countermeasures: coal.
Prime Minister Justin Trudeau meets with U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C. in October 2017. Trump’s tariffs on Canadian aluminum and steel simply reflect a broader U.S. philosophy on international trade, and that doesn’t bode well for Canada. THE CANADIAN PRESS/Sean Kilpatrick

How Trump’s tariffs are much bigger than Trump

The underlying problem with Donald Trump's tariffs on steel and aluminum isn't Trump. It's the increasing willingness by the U.S. to impose its will on its neighbours amid rising economic nationalism.
A farmer harvest his soybean field in Loami, Ill. AP Photo/Seth Perlman

Why China’s soybean tariffs matter

There's a good reason China took aim at US soybean exports when it announced its latest list of retaliatory tariffs.
Foreign goods wait to be unloaded at the Port of Los Angeles. AP Photo/Nick Ut

What is a tariff? An economist explains

A global trade war seems well underway as China and the US exchange targeted tariff attacks. An economist explains what they are, how they work and why they matter.
Former U.S. president Richard Nixon is seen here with Pierre Trudeau in Ottawa in 1972. Nixon was bitterly opposed to Canada’s Auto Pact moves 50 years ago, saying Canada had cheated at the expense of American jobs and investment. He refused calls to exempt Canada from an import surcharge. (THE CANADIAN PRESS)

Why Canada shouldn’t always count on special treatment from the U.S.

U.S. President Donald Trump has exempted Canada, for now, from hefty tariffs on steel. An increase in defence spending would likely stand Canada in greater stead with the president.
Bush, seen here in 2006, revoked his steel tariffs less than two years after imposing them in 2002. Reuters/Jason Reed

George W. Bush tried steel tariffs. It didn’t work

President Trump slapped steep tariffs on steel imports, echoing protectionist measures taken by Bush in 2002.
A welder fabricates a steel structure at an iron works facility in Ottawa on March 5, 2018. U.S.President Donald Trump’s stated intention to impose new tariffs on steel and aluminum imports could start a trade war. THE CANADIAN PRESS/Sean Kilpatrick

Canada can’t win a trade war with the United States

Ottawa seems utterly unprepared for a trade war with the United States. The recent federal budget upholding equity values is noble, but won't mean a thing if the government runs out of cash.

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