Trump tariffs seen as threat to upstate N.Y. trade with Canada


Trump tariffs seen as threat to upstate N.Y. trade with Canada

WASHINGTON _ President Trump’s imposition of tariffs on Canada and other nations will undercut the growth of cross-border trade especially in the North Country, lawmakers and regional economy specialists said Thursday.
“I strongly oppose these tariffs on our nation’s closest economic partner, Canada,” said Rep. Elise Stefanik, R-Willsboro, who represents the North Country. “The shared production of goods by the U.S. and Canada actually makes our goods more competitive in global markets against China and others.’’
Originally announced in March, the tariffs on steel and aluminum were put on hold as negotiations proceeded. But the White House went ahead with a 25-percent tariff on steel and 10-percent tariff on aluminum from the EU, Mexico and Canada, citing “the threatened impairment to America’s national security.”
The White House on Thursday cited a Commerce Department finding that cheaper imports would continue to undermine U.S. steel and aluminum producers, resulting in “a situation where the United States would be unable to meet demand for national defense and critical infrastructure in a national emergency.”
The decision was a follow-through on a Trump 2016 campaign promise to scrap or substantially rewrite the North American Free Trade Agreement that Trump blamed for killing U.S. manufacturing jobs.

Source: Times Unition
Trump tariffs seen as threat to upstate N.Y. trade with Canada

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