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Money‘Clarity’ and ‘persistence’ led to the removal of steel, aluminum tariffs: Freeland

19:35  19 may  2019
19:35  19 may  2019 Source:   globalnews.ca

Freeland to meet Lighthizer, Grassley in Washington to push for tariff removal

Freeland to meet Lighthizer, Grassley in Washington to push for tariff removal OTTAWA — Foreign Affairs Minister Chrystia Freeland played down expectations as she prepared to meet in Washington with Trump trade czar Robert Lighthizer in a renewed push to get punitive steel and aluminum tariffs lifted. "It is never wise to predict how long any negotiation will take," Freeland told reporters in Toronto on Tuesday, ahead of her Wednesday meeting at the Office of the United States Trade Representative in Washington.

the steel and aluminum tariffs are Australia and Argentina.[4] Separately, on July 6, the Trump administration set a tariff of 25% on 818 war[12] and on July 6[13] implemented tariffs equivalent to the billion tariff imposed on it by the U.S. India plans to recoup trade penalties of 1 million on

Aluminum or steel articles shall not be subject upon entry for consumption to Section 232 duties, merely by reason of manufacture in a U.S For more information, please refer to the Presidential Proclamations on Adjusting Imports of Steel and Aluminum into the United States, Federal Register

‘Clarity’ and ‘persistence’ led to the removal of steel, aluminum tariffs: Freeland© REUTERS/Chris Wattie Canada's Foreign Minister Chrystia Freeland speaks during a news conference in Ottawa, Ontario, Canada, December 12, 2018.

Minister of Foreign Affairs Chrystia Freeland says Canada will move forward towards ratifying the new NAFTA agreement with "all speed and alacrity" now that a deal has been struck with the U.S. to lift steel and aluminum tariffs.

Late last week, a deal was reached to end the 25 per cent steel and 10 per cent aluminum tariffs imposed by the U.S. on Canada almost exactly a year ago.

READ MORE: Canada and U.S. reach deal to drop steel, aluminum tariffs

The tariffs were imposed on both Canadian and Mexican goods, causing significant friction during negotiations for the new North American Free Trade Agreement (NAFTA), known in Canada as CUSMA — presenting a potential barrier to its ratification.

End of U.S. tariffs on Canadian, Mexican steel and aluminum close: Mnuchin

End of U.S. tariffs on Canadian, Mexican steel and aluminum close: Mnuchin End of U.S. tariffs on Canadian, Mexican steel and aluminum close: Mnuchin

WASHINGTON — President Trump said on Thursday that he would impose stiff tariffs on imports of steel and aluminum , making good on a key campaign promise and rattling stock markets as the prospect of a global trade fight appeared imminent.

President Trump has proposed steel and aluminum tariffs , citing U.S. national security interests. Many large steel and aluminum producers cheered the tariffs . The American Iron and Steel Institute thanked Trump for “addressing the steel crisis,” and the second-largest American aluminum producer

As part of the deal announced on Friday, the U.S. agreed to lift the tariffs within two days, Canada agreed to lift the retaliatory tariffs on goods such as whiskey and washing machines, and both sides have agreed to halt litigation at the World Trade Organization.

The news came days after Freeland had what she called a “good meeting” with United States Trade Representative Robert Lighthizer in Washington.

In an interview with The West Block’s Mercedes Stephenson, Freeland said it was a “great day for Canada.”

“I will say it is a great day for Canada, a great day for Canadian workers, and it’s a great day for the U.S., too,” she said. “Now we have free trade in steel and aluminum, and that is fantastic.”

READ MORE: Economists say end of U.S. tariffs is good news for Canada, but not out of woods yet

If steel and aluminum tariffs are ending soon, Chrystia Freeland isn't saying so

If steel and aluminum tariffs are ending soon, Chrystia Freeland isn't saying so Foreign Affairs Minister Chrystia Freeland gave no hint today the United States is set to lift steel tariffs, even though Mexico’s top trade representative is saying a deal with their country is imminent and the U.S Treasury secretary says all three countries are “close” to finding a solution to the standoff. Speaking to reporters in Washington after meeting with U.S. Trade Representative Bob Lighthizer, Freeland said that ratification of the new NAFTA and the tariffs were discussed in the meeting.

President Trump announced today that his administration would impose a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum , on the grounds that other countries’ trade practices endanger American national security by undermining domestic production.

The tariff declarations represent the latest in a line of aggressive trade policy changes, beginning with the removal of the United States from the Trans-Pacific Using U.S. Census Bureau data on imports, we can examine how higher tariffs on aluminum and steel will implicate state economies that rely on

When asked what the breakthrough moment was, Freeland said it was two-fold.

First, she said, “clarity" and "persistence” were essential.

“The most important thing, and this was the case also in the NAFTA negotiation, was a very united, very resolute team Canada approach," she said. "Starting with the prime minister, including the cabinet, including the caucus, very much including our excellent labour unions, very much including the steel and aluminum companies with whom we spoke a lot and who were great and organized."

“And all of us just kept on saying in, you know, a firm but polite way that the 232 tariffs had to be lifted, that, you know, they just didn’t belong between two countries, who in addition to being great national security partners, also now have a free trade agreement.”

READ MORE: 5 things to remember now that U.S. steel, aluminum tariffs are ending

Second, Freeland says, support from within the U.S. Senate and Congress helped Canada "tremendously" in having the tariffs removed.

'It's everything we've always asked for': Steel and aluminum industries welcome end of tariffs

'It's everything we've always asked for': Steel and aluminum industries welcome end of tariffs Representatives from Canada's steel and aluminum industries welcomed news on Friday that the government has struck a deal with the U.S. that will bring an end to tariffs on the two metals when they are exported to America. "It's everything we've always asked for," said Jean Simard, spokesperson for the Aluminum Association of Canada, in a phone interview. "We are very happy with what we know has been agreed to which is a total repeal of tariffs without any quotas," he said. "We think it's a great victory for Canada, for the industry and the North American industry as a whole.

Donald Trump’s steel and aluminum tariffs contradict a key component of the new North American trade agreement – the pivotal section on autos – which will Mr. Trudeau said Canada has plenty of support among U.S. lawmakers and businesses as it continues to press for the removal of the tariffs .

Steel and aluminum tariffs trigger sharp stock market sell-off in US and Asia. “It will be a unilateral imposition of tariffs across the board. I put the call through to the US commerce He also warned that Trumps’s tariffs could lead to retaliatory action from other countries, and that could lead to recession.

Among those who supported the removal of the tariffs, she says, was chair of the U.S. senate finance committee, Chuck Grassley.

“He published an op-ed in the Wall Street Journal, I think it was 10 days ago, where he came out very clearly and said the new NAFTA will not pass the Senate while the tariffs are in place,” Freeland said.  “And that was a very powerful message from inside the U.S. helped us tremendously.”

According to Freeland, a key turning point was April 19, when the U.S. International Trade Commission (ITC) published its report on the new NAFTA.

“That kind of set the clock going,” she said. “So, as they started moving towards the ratification, some of the new members of the U.S. Senate and Congress took a very strong position and said we will not ratify the new NAFTA while the 232 tariffs are still in place.”

READ MORE: 5 things to remember now that U.S. steel, aluminum tariffs are ending

Additionally, Freeland says Canada added pressure by refusing to move ahead towards ratifying the new NAFTA deal.

“Part of getting the 232 tariffs lifted was also saying on behalf of Canada that it would be tremendously difficult for us to pass the new NAFTA here, while the tariffs were still in place, and of course, that agreement can only come into force when it’s ratified by all three countries. So that was a form of pressure as well,” she said. “And to make those statements real, we did not put forward, not move ahead with passage of the new NAFTA in our own House of Commons and that was exactly the right thing to do, it helped us get to today’s great result."

Now that the tariffs will be lifted, Freeland says the new NAFTA agreement is a "win-win-win" for Canada, the U.S. and Mexico.

"We are very open to and looking forward to having some real debates about this new agreement. But I am very confident that there is broad agreement inside the country that this is a deal which is good for Canada," she said.

— With files from The West Block’s Mercedes Stephenson and Kerri Breen

Chrystia Freeland tables motion to set the stage for revised NAFTA ratification.
Foreign Affairs Minister Chrystia Freeland introduced a motion in the House of Commons after question period Monday that sets the stage for the introduction of legislation needed to ratify a renegotiated NAFTA agreement. The ways and means motion is a required step on the road to ratification because it addresses some tax and financial measures that need to be taken into account with respect to the revised trade deal between Canada, Mexico and the U.S. "The introduction of this motion comes after our government secured a full lift of the U.S.

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