U.S. plans to slap tariffs on aluminum imports from Canada,

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U.S. plans to slap tariffs on aluminum imports from Canada,

Unread post by D'oh »

I know this is kind of Political, but might affect Hewescraft Pricing

https://www.cbc.ca/news/world/tariffs-a ... -1.5623245
The United States is planning to re-impose tariffs on aluminum imports from Canada, Bloomberg reported late on Monday, citing people familiar with the matter.

If Canada declines to impose export restrictions, the United States will announce on Friday the re-imposition of 10 per cent tariffs on aluminum from the country, the report said.

The tariffs would then be implemented by July 1, the report said, which is also when a new Canada-U.S.-Mexico Agreement on trade is expected to take effect.

Some industries, including automakers, had been asking for a delayed implementation of the agreement due to the difficulties they are facing amid the coronavirus pandemic.

Trump signed a proclamation this year increasing tariffs on derivative steel products by an additional 25 per cent and on derivative aluminum products by an additional 10 per cent, from which countries including Canada and Mexico were exempted.
The New Free Trade Act will also affect Used Truck Prices, as they are to be Tariffed also.
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Re: U.S. plans to slap tariffs on aluminum imports from Canada,

Unread post by aMonster »

I suppose Trudeau could complain but it seems like America is a little too preoccupied with licking sidewalks during this pandemic to notice or care.

On the flip side, bad news for boat buyers is quite often good news for boat sellers and aluminums are one of the hottest ticket items right now on both sides of the border.
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