Trump’s doubling of tariffs on Canadian steel draws fire from US House Democrat
US President Donald Trump's decision to double tariffs on Canadian steel has drawn criticism, with concerns raised about its potential impact on American military shipbuilding. Representative Joe Courtney highlighted that these tariffs could impede the construction of steel ships, particularly those requiring nickel alloy steel products sourced from Canada.
Courtney's remarks came during a House subcommittee hearing focused on inefficiencies and cost overruns in US military shipbuilding. He emphasized that tariffs, along with other factors, contribute to these issues, potentially affecting the nation's ability to produce essential military hardware. Trump's tariff hike was a response to Ontario's 25% tariff on electricity transmitted to the US.
via SCMP Full Text Feed
US President Donald Trump's decision to double tariffs on Canadian steel has drawn criticism, with concerns raised about its potential impact on American military shipbuilding. Representative Joe Courtney highlighted that these tariffs could impede the construction of steel ships, particularly those requiring nickel alloy steel products sourced from Canada.
Courtney's remarks came during a House subcommittee hearing focused on inefficiencies and cost overruns in US military shipbuilding. He emphasized that tariffs, along with other factors, contribute to these issues, potentially affecting the nation's ability to produce essential military hardware. Trump's tariff hike was a response to Ontario's 25% tariff on electricity transmitted to the US.
via SCMP Full Text Feed
