Rolls of coiled steel are seen at Canadian steel producer Dofasco in Hamilton Ont., Tuesday, March 13, 2018. THE CANADIAN PRESS/Tara Walton

Trump tariffs on steel, aluminum a major peril to Canada’s economy, MPs told

The House of Commons trade committee will be back at work later today with a special meeting that has one major aim, demonstrating the broad economic pain of the Trump administration’s crushing steel and aluminum tariffs.

MPs are hearing dire warnings about the potential impact of American tariffs on Canadian aluminum and steel and a looming threat of tariffs on automobiles.

Representatives of the steel industry, auto parts makers, car dealers and the steelworkers union say U.S. President Donald Trump’s tariffs could send Canada spiralling into a recession.

The House of Commons trade committee is holding a special meeting to hear about the broad economic pain the tariffs could bring.

The MPs are being told that Canada has to fight back with its own retaliatory levies, which are scheduled to go into effect next week.

Steel company CEO Sean Donnelly says Canada finds itself in unprecedented times that demand unprecedented reactions.

Ken Neumann, Canadian director of the United Steelworkers, says Canada’s tariffs should have gone into effect the same day as the American levies.

Related: Finance ministers talk trade as feds told to ‘look before you leap’ on tariffs

Related: Canada responds to U.S. steel, aluminum tariffs with ‘countermeasures’ of its own

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Coldstream celebrates spring with Easter egg hunt

The family-friendly event takes place Mackie Lake House Saturday, April 20 at 10 a.m.

Vernon woman launches sewing studio

“I know there’s a lot of people up and down the valley that would love to sew.”

Vipers win pivotal game 5 to take 3-2 series lead

Vipers beat the Trail Smoke Eaters by a score of 5-2 and will look to end the series Saturday night in Trail at 7 p.m. at the Trail Memorial Centre. Contributed: Vernon Vipers Staff

None injured in small fire near Lumby

“It looks like it was accidental, definitely nothing suspicious.”

Vernon road closed again following landslide

The road that was reopened Thursday morning was closed again Friday following geotechnical engineer report.

Sparks fly as SUV speeds down wrong side of Highway 1 trying to flee RCMP

Captured on video, the vehicle headed westbound against oncoming traffic before crashing

Calgary captain has 3 points as Flames torch Canucks 3-1

Giordano leads way as Alberta side cracks 100-point plateau

1,300 cruise ship passengers rescued by helicopter amid storm off Norway’s coast

Rescue teams with helicopters and boats were sent to evacuate the cruise ship under extremely difficult circumstances

Former Okanagan teen found safe after disappearing from YVR airport

Ethan Burnett, 14, was found safe in Kelowna on March 22

B.C. university to offer first graduate program on mindfulness in Canada

University of the Fraser Valley says the mostly-online program focuses on self-care and well being

Province announces $18.6 million for B.C. Search and Rescue

The funding, spread over three years, to pay for operations, equipment, and training

Late-season wave of the flu makes its round in B.C.

BC Centre for Disease Control reported 50 per cent jump in flu cases in first weeks of March

Tofino’s housing crisis causing some to seek shelter at the local hospital

Tofino’s housing crisis is pushing the town’s ‘hidden homeless’ population into the forefront.

Sentencing judge in Broncos crash calls for carnage on highways to end

Judge Inez Cardinal sentenced Jaskirat Singh Sidhu to eight years

Most Read