OTTAWA - Canada is moving to shore up its domestic steel industry amid U.S. President Donald Trump's ongoing global trade war, with new tariffs targeting China and other countries around
I’m not sure about raw material. But for processed goods, to much tariff would create a situation where the local industry would price their product targeting a market segment with tariff included. It’s only good for preserving industries in short term solution. Prolong tariff would make them lose their competitiveness in world market and become reliant on tariff to survive…
I’m not sure about raw material. But for processed goods, to much tariff would create a situation where the local industry would price their product targeting a market segment with tariff included. It’s only good for preserving industries in short term solution. Prolong tariff would make them lose their competitiveness in world market and become reliant on tariff to survive…