Manufacturers relieved steel and aluminum tariffs coming to an end
OTTAWA (May 17, 2019) – Canadian Manufacturer & Exporters (CME) congratulates the government for putting an end to all section 232 US tariffs and Canadian countermeasures on steel and aluminum.
“This is excellent news for the industry, manufacturers were hit the hardest by the tariffs. CME has long called for their removal and, we are pleased they are finally coming to an end,” said Dennis Darby, President & CEO of CME. “The tariffs were unjustified and had no place between trade partners.”
In addition to agreeing to remove the tariffs, Canada and the US have agreed to put in place measures to prevent dumping of steel and aluminum in the North American market by third parties.
“Our members are clear, The fact that no quota were put in place in lieu of the tariffs is a critical win for Canada,” added Darby.
CME will continue to work with the government and build on the positive development announced today put in place more measures to make it easier for Canadian manufacturers to do business with the US, our largest trading partner such as finding solutions to Buy American and, the ratification of CUSMA.
About Canadian Manufacturers & Exporters
Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and, compete around the world. Our focus is to ensure manufacturers are recognized as engines for growth in the economy, with Canada acknowledged as both a global leader and innovator in advanced manufacturing and a global leader in exporting. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada’s exports.
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