OTTAWA,
ON, Feb. 1, 2025 /CNW/ - Today, Catherine Cobden, President and CEO of the
Canadian Steel Producers Association (CSPA), released the following
statement after the announcement of tariffs on Canadian exports to
the United States:
"Today's announcement of 25% tariffs on Canadian products,
including steel, entering the United
States is deeply disappointing.
"The North American steel industry is highly integrated across
the Canadian and US border. With $20B
in annual steel trade between our nations, these tariffs will cause
significant disruption and economic hardship in both Canada and the
United States. Disruptions that will have negative effects
on businesses, workers and their families.
"We are also concerned that the tremendous effort Canada has taken to safeguard the North
American marketplace from unfair steel trade has gone unnoticed.
From the enactment of melted and poured requirements to the
leveling of tariffs on a wide array of Chinese steel products,
Canada has demonstrated to
the United States its alignment of
a tough stance against industrial overcapacity along with our
country's intention of being the best partner of the United States to defend against unfair
practices.
"In response to these new tariffs, the CSPA welcomes the
Government of Canada's decisive
action through retaliation as well as through supportive approaches
to help Canada's industries. We
will engage with the Government of Canada and the provinces to find support for
our workers to weather this unfortunate and unnecessary challenge
over the days to come."
About the Canadian Steel Producers Association
The Canadian Steel Producers Association is the national voice
of Canada's primary steel and the
pipe and tube industry, dedicated to ensuring a competitive and
sustainable business environment for its members and supply chain
stakeholders. Canadian steel producers are integral to Canada's economy and a vital supplier to many
segments of North American industry, including the automotive,
energy, construction, and transportation sectors.
SOURCE Canadian Steel Producers Association
