Worldwide trade lawyer Larry Herman says the USA tariffs mean there is now a lot of steel looking for a home and he encourages the federal government to put out a firm policy statement soon explaining what it will do if it finds evidence other countries are attempting to dump their steel in Canada.
In the call with Trudeau, Trump "emphasised the importance of quickly concluding the ongoing Nafta negotiations", the White House said.
His Foreign Minister, Chrystia Freeland, will be in Washington on Tuesday and Thursday to "advance Canada's efforts to keep trade open, fair and barrier-free, to benefit people on both sides of the border", her ministry said in a statement.
"One of the things I pointed out to the president is that the steel issue would actually make it harder to move forward on NAFTA", Trudeau said.
Trudeau said the surplus of steel in the global market is not new and with American tariffs in place, some countries might try to ship to the USA through Canada.
The U.S. government has been dropping hints that the decision to excuse Canada and Mexico from tariffs on steel and aluminum might only be temporary, and somehow dependent on the result of trade negotiations. "We will continue working toward securing a definite and permanent exemption from those tariffs", Trudeau said earlier.
SBI reduces charges for non-maintenance of balance in in savings accounts
In a press conference, SBI said, the minimum charges were reduced based on the feedback received from various stakeholders. Tuesday reduced charges for non-maintenance of average minimum balance ( AMB ) in savings accounts by up to 75 per cent.
Trudeau says he has already spoken with President Donald Trump about foreign steel dumping and is willing to take further action, if necessary, to protect our industry. Mexico is also a member nation of the trade deal. He also credited Trump for keeping a promise: he said the president told him at last year's G7 that Canada would get an exemption, and kept his word.
Later, Canada and Mexico were exempted from the imposition of the trade tariffs.
The steel tariff investigation was launched to see the impact of steel imports on USA national security.
What Trudeau will find here in Hamilton is that steelworkers have a lot of questions and are counting on the Prime Minister to come up with a solid plan to help with the uncertainty of the steel industry.
"Our aluminum is in their fighter jets our steel. goes into their armoured vehicles", he said. So that whole issue of national security is off the table. Brazil, which is the second biggest supplier of steel to the United States after Canada, remains open for a dialogue to reach an understanding with the United States and is talking to other countries to learn about measures they are considering, he said.