Canada, top exporter of steel and aluminum to U.S., 'flabbergasted' by tariff proposals

[TomCADem]

Donald Trump and Bernie Sanders like to bash on China for steel imports, because I guess Chinese look, I don't know, not white. But, the truth of the matter is that Canada, not China, is the largest exporter of steel and aluminum to U.S.

Steel, don't tell their supports this. They are having too much fun scapegoating non-white foreigners.

http://www.latimes.com/business/la-fi-canada-trump-tariffs-20180303-story.html

Canadians reacted with a mixture of anger, confusion and resignation this week to President Trump's promise to hit U.S. imports of steel and aluminum with hefty tariffs, upending decades of economic cooperation and integration.

"We're pretty consistently flabbergasted that Canada is at the top of the hit parade of trade villains" in Trump's eyes, said Douglas Porter, chief economist at the Bank of Montreal.

Under the Trump policies announced Thursday, steel imported into the United States would be slapped with a 25% tariff and aluminum with a 10% tariff. The announcement sent shudders through world markets and prompted a global outcry, with European allies and others threatening retaliation.

Trump often has accused China of forcing U.S. steel and aluminum companies to fold by inundating the market with cheaper materials. But Canada is the largest exporter of steel and aluminum to the United States, supplying $7.2 billion of aluminum and $4.3 billion of steel to the United States last year.

[applegrove]

1. And aluminium smelting is very, very power intensive and quebec

makes it with hydroelectric electricity. So there would be environmental effects too.

[Ohiogal]

2. Dumpy gets the facts wrong again,

What a surprise!

[MyOwnPeace]

3. Hope was at a meeting..........

and didn't get to point to a map to tell Donnie where Canada is.....................