Le Lézard
Classified in: Mining industry, Business
Subjects: FOR, TRD, CFG

Remarks by the Prime Minister of Canada on steel and aluminum tariffs imposed by the United States


OTTAWA, May 31, 2018 /CNW/ -

CHECK AGAINST DELIVERY

The Prime Minister, Justin Trudeau, today delivered the following remarks in response to the decision by the United States to impose tariffs on Canadian steel and aluminum:

Good afternoon everyone. Thank you for joining us.

Today we find ourselves the target of punitive tariffs on Canadian aluminum and steel, under pretext of a 232 national security provision.

Let me be clear: These tariffs are totally unacceptable.

For 150 years, Canada has been America's most steadfast ally.

Canadians have served alongside Americans in two world wars and in Korea.

From the beaches of Normandy to the mountains of Afghanistan, we have fought and died together.

Canadian personnel are serving alongside Americans at this very moment.  We are partners in NORAD, NATO, and around the world.

We came to America's aid after 9/11 ? as Americans have come to our aid in the past.

We are fighting together against Daesh in Northern Iraq.

The numbers are clear: The United States has a $2 billion US dollars surplus in steel trade with Canada ? and Canada buys more American steel than any other country in the world, half of U.S. steel exports.

Canada is a secure supplier of aluminum and steel to the U.S. defence industry, putting aluminum in American planes and steel in American tanks.

That Canada could be considered a national security threat to the United States is inconceivable.

These tariffs will harm industry and workers on both sides of the Canada-U.S. border, disrupting linked supply chains that have made North American steel and aluminum more competitive around the world.

Beyond that, these tariffs are an affront to the long-standing security partnership between Canada and the United States, and in particular, to the thousands of Canadians who have fought and died alongside American comrades-in-arms. 

The ties of commerce, friendship and, in many cases, family between Americans and Canadians are undiminished ? indeed, they have never been stronger.

The Government of Canada is confident that shared values, geography and common interests will ultimately overcome protectionism.

As we have consistently said, we will always protect Canadian workers and Canadian interests.

Minister Freeland is here to outline retaliatory measures. This morning, I called the Opposition leaders to notify them of our response.

In closing, I want to be very clear about one thing: Americans remain our partners, friends, and allies. This is not about the American people. We have to believe that at some point their common sense will prevail.

But we see no sign of that in this action today by the US administration.

This document is also available at http://pm.gc.ca

 

SOURCE Prime Minister's Office


These press releases may also interest you

10 mai 2024
Lundin Mining Corporation ("Lundin Mining" or the "Company") today announced the voting results from its 2024 Annual and Special Meeting of Shareholders (the "Meeting").  A total of 610,859,421 common shares were voted at the Meeting, representing...

10 mai 2024
Almonty Industries Inc. ("Almonty" or the "Company") is pleased to announce that following its March 2024 Placement, the Company has received firm commitments to raise further gross proceeds of A$1,860,000 via the issuance of 3,000,000 Placement...

10 mai 2024
West Red Lake Gold Mines Ltd. ("West Red Lake Gold" or "WRLG" or the "Company") announced today that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain...

10 mai 2024
Getty Copper Inc. (the "Company") today announced that they have agreed to issue 11,650,000 shares at a price of $0.05 per share to settle $582,500 of indebtedness of the Company. This includes 10,000,000 shares to be issued to non arms length...

10 mai 2024
(BSE: LUC) Please view PDF version Lucara Diamond Corp. ("Lucara" or the "Company") held its Annual General and Special Meeting of shareholders in Vancouver, British Columbia today. Shareholders voted as follows on the matters before the meeting:...

10 mai 2024
IBC Advanced Alloys Corp. ("IBC" or the "Company") is pleased to announce that it has closed the Company's previously announced sale leaseback transaction with Flatbay Properties LLC ("Flatbay").Pursuant to a purchase...



News published on and distributed by: