Sunday, 24 June, 2018

U.S. tariffs raise risk Canada will fall prey to foreign steel dumping

Malcolm Turnbull U.S. tariffs raise risk Canada will fall prey to foreign steel dumping
Andrew Cummings | 13 March, 2018, 10:46

Trudeau "emphasized that preserving (the two nations') mutually beneficial supply chains is critical to jobs and businesses on both sides of the border", according to a summary.

Freeland is coming off a tense week which started with the seventh round of NAFTA negotiations making little progress towards an agreement but ended with a sigh of relief when Canada and Mexico secured an exemption from new US tariffs on steel and aluminum imports.

Joseph Galimberti, president of the Canadian Steel Producers Association, said Ottawa is being urged to add staff to Global Affairs Canada and hire more inspectors for the Canada Border Services Agency.

Trudeau said he's willing to work with the USA on a stronger solution.

"We don't link together the tariffs and the negotiations for NAFTA, but we're happy to continue to move forward on the negotiations", he said in an interview on "Power Lunch".

"There's a lot of steel out there looking for a home", said Herman.

Malmstroem said she told Lighthizer that "the European Union must be excluded" from tariffs because it is a close US ally.

On Monday, Trump opened the door to negotiations with the European Union, announcing that Commerce Secretary Wilbur Ross will speak to EU representatives.

Nepal plane crash: Airport authorities recover black box, probe underway
The pilot circled twice in a northern direction and was asked again if things were okay, and the pilot gave the same response. In March 2015, a Turkish Airlines plane skidded off the runway in dense fog, but passengers only sustained minor injuries.

Chelsea boss Antonio Conte: Barcelona clash all about our character
My stupid answer was, 'We are winning, but I'm not happy because I'm not enjoying the role the coach made a decision to give me'. But I repeat, I don't like to speak to the press what happens with one player, with two players, with the team".

Miami's Mokai Nightclub Loses License After Video Shows Horse Inside Club
A second set of pictures show another woman riding a white horse at another South Beach club, Kiki on the River. The animal suddenly drops to the ground, throwing the woman off.

The EU on Monday said Europe would not waver against trade "bullies" as a row with US President Donald Trump over controversial steel and aluminium tariffs deepened.

The announcement of duties of 25 per cent on imported steel and 10pc on aluminium has stung the European Union, coming as a surprise to USA allies and also to many in Washington.

Canada is the United States' largest provider of steel and aluminum, with about 85 per cent of Canadian exports being directed to that country.

Mr. Trudeau also took Canada's case to US cable channels on Monday with appearances on MSNBC and CNN.

Other stops on Trudeau's tour include Hamilton, Sault Ste. Marie, Ont., and Regina, Sask. If there's a tariff on a piece of paper, turn it into a paper airplane and it's in a different category and no longer subject to a tariff.

"Cherry-picking particular tariffs in one category, like looking just at vehicle tariffs on both sides, misses the whole picture, while not taking into account lower levels on other products does not give an accurate picture of tariffs in general", a Commission spokesman said.

Worldwide trade lawyer Larry Herman says Canada can do several things, including promising temporary surcharges under the Customs Tariffs Act on any country found to be dumping steel, as well as tightening up the system that issues permits for steel imports, which he says is more a formality than a check on the system at the moment. Justin Trudeau is touring aluminum and steel factories to show support for the industries.

Recommended

BidaskClub Upgrades Tesla (NASDAQ:TSLA) to "Hold" BidaskClub Upgrades Tesla (NASDAQ:TSLA) to BidaskClub raised Tesla from a "strong sell" rating to a "sell" rating in a research note on Tuesday, December 12th. Zacks Investment Research lowered Tesla from a hold rating to a sell rating in a report on Saturday, January 20th.

Khloe Kardashian celebrates Tristan Thompson's birthday with friends and family Khloe Kardashian celebrates Tristan Thompson's birthday with friends and family The expectant Keeping Up with the Kardashians cast member is well into her eighth month of pregnancy , and glowing in every photo. Clearly this baby is already hooking up endorsement deals! "I will be sharing more photos over the weekend", Khloé tweeted .

China abolishes presidential term limits, allowing Xi Jinping to rule indefinitely China abolishes presidential term limits, allowing Xi Jinping to rule indefinitely China's government is tightening its grip on markets and encouraging state enterprises to grow and consolidate. The two votes of dissent apparently had official sanction to show a semblance of diversity.

When is the NIT? Participants, bracket, schedule for 2018 National Invitation Tournament When is the NIT? Participants, bracket, schedule for 2018 National Invitation Tournament The Nittany Lions are 22-9 all-time in the NIT, reaching at least the semifinals in five of its last seven appearances. The Nittany Lions didn't make the NCAA tournament after finishing this year with a 21-13 record.

Tiger Woods: I'm finding the rhythm of the rounds, I'm hitting shots Tiger Woods: I'm finding the rhythm of the rounds, I'm hitting shots Asked how he felt being in contention for a first victory in nearly five years, Woods added: "It felt very comfortable ". I wasn't as sharp as I wanted to be. "It was one of those days I kept getting a half-club".

Erdogan Slams NATO For Lack Of Support In Syria Erdogan Slams NATO For Lack Of Support In Syria On Jan. 20, Turkey launched Operation Olive Branch to clear YPG/PKK and Daesh terrorists from Afrin, northwestern Syria. AP reported that Turkish President Recep Tayyip Erdogan said on Saturday: "Hey NATO, where are you?".

Wenger Hails Arsenal's "Convincing" Win Over Watford, Praises Cech's "Remarkable" Record Wenger Hails Arsenal's That was a positive, as was Mesut Ozil's record for becoming the fastest player in Premier League history to reach 50 assists. It was the first time in 16 attempts that Cech saved a penalty since moving to Arsenal from Chelsea.

Warriors star Curry sits out two-game trip Warriors star Curry sits out two-game trip Green's hoop capped an 11-point, 12-rebound, 10-assist triple-double. "You can't beat the Warriors if you're playing 2 versus 3". Golden State plays on Friday against the Blazers, who now sit third in the West.

Massive fire erupts at a chemical plant in India Massive fire erupts at a chemical plant in India They were later identified as Pintu Gautam, Janu Agaria, and Aloknath Agaria, all aged 30 and residents of Shiv Nagar in Boisar. Locals claim at least 22 tankers, of varying capacity between 100-200 liters, burst due to the fire in all the factories.

Supreme Court allows 'living will' with strict guidelines Supreme Court allows 'living will' with strict guidelines Passive Euthanasia is the act of helping a terminally ill person in an indirect manner to speed up his inevitable death. Bhushan said that the apex court verdict "cleared the air on passive euthanasia and living will ".

Toys R' Us Considering Liquidation Toys R' Us Considering Liquidation Bloomberg reported on Thursday that Toys "R" Us is making preparations for a liquidation of its bankrupt USA operations. While last year's bankruptcy filing only applied to the company's US operations, it is struggling overseas as well.

Saudi nears new deal for 48 Eurofighter combat jets Saudi nears new deal for 48 Eurofighter combat jets Prime Minister May defended the two countries' defence ties on Wednesday, saying all arms sales were strictly regulated. Yemeni doctors treat a child injured by a Saudi airstrike on the northern Yemeni city of Sa'ada on March 7, 2018.

Ireland head coach Joe Schmidt itching to prove his point against Scotland Ireland head coach Joe Schmidt itching to prove his point against Scotland Ireland punted an eminently kickable penalty to the corner, only to come away with no reward for that early enterprise. A simple pass would have resulted in a Hogg try but Jones made a mess of it and the chance went begging.

Meghan Markle Is Now Encouraging Young Girls to Take Up Acting Meghan Markle Is Now Encouraging Young Girls to Take Up Acting Ms Davis, who is studying at Warwick University on exchange from Queens University, Canada, added: "She was absolutely lovely". Markle told her that she can achieve whatever she wants to achieve and that she looks forward to seeing her on TV.

Microsoft Expects the "Majority of Customers" to Use Windows 10's S Mode Microsoft Expects the Windows 10 S now prohibits the installation of applications except for those from Microsoft's Sears-esque Windows Store. It was a more restricted version of Windows 10 that only allowed apps from the Windows Store to be installed.