#tariffsonCanadiansteelandaluminum; #USForeignPolicy; #ChineseImports
Ottawa, May 15 (Canadian-Media): Canada's Foreign Minister Chrystia Freeland is heading to Washington today due to the intensification of talks over ending the Trump administration’s tariffs on Canadian steel and aluminum after months of deadlock, media reports said.
United States (U.S.) had been insisting during the discussions with between Canada since last fall, that Canada and Mexico agree to quotas that would cap the amount of steel and aluminum they export to the U.S. in exchange for the lifting of tariffs.
Both Canada and Mexico did not accept this deal.
In the meantime trade tensions between the U.S. and China had moved from bad to worse due to Trump's increased pressure on China last week by increasing tariffs from 10 percent to 25 percent on US$200-billion of Chinese imports.
But China had retaliated on Monday with higher tariffs on US$60-billion worth of U.S. goods. Trump downplayed the scope of the trade war on Tuesday, dismissing the situation as “a little squabble. ”
These recent developments have Lawrence Martin arguing that U.S. foreign policy is in shambles, with Canada caught in the crossfire and the potential for far more serious implications in the future.