Trudeau responds to U.S. tariffsClick image to enlarge

The Trump administration’s June 1 imposition of tariffs on steel and aluminum entering the U.S. from Canada and other G7 countries has led to tit-for-tat counter-tariffs from Canada, and left observers wondering if an all-out trade war is looming – or already underway.

Canada responded to the U.S. announcement by announcing its own dollar-for-dollar tariffs on up to $16.6 B of U.S. imports, targeted at goods originating in US jurisdictions represented by influential members of the US Congress. The $16.6 B represents the total value of Canadian 2017 exports affected by the US tariffs. Canada’s tariffs go into effect on July 1.

“[The U.S.] 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 all around the world,” said Prime Minister Justin Trudeau in responding to the U.S. tariffs. “We have to believe that, at some point, common sense will prevail – but we see no sign of that in this action today by the U.S. administration.”

In announcing Canada’s “perfectly reciprocal” countermeasures, which she said were the strongest trade action Canada has taken since WWII, Canadian Foreign Affairs Minister Chrystia Freeland slammed the U.S. measures and promised that Canada would also respond with more than its own tariffs.

“The unilateral trade restrictions by the United States are also in violation of NAFTA and WTO trade rules,” Freeland said. “Canada will therefore launch dispute settlement proceedings under NAFTA Chapter 20 and WTO dispute settlement. Canada will also closely collaborate with like-minded WTO members, including the European Union, to challenge these illegal and counterproductive U.S. measures at the WTO.”

Because the Canadian counter tariffs are designed to impact particular Congressional constituencies in the U.S., they target seemingly incongruous products such as hair lacquer, felt-tipped pens and gherkin pickles, in addition to the more obvious aluminum and steel.

You can watch video excerpts of Trudeau’s and Freeland’s comments here.

CMTS 2019: Manufacturing at Work

Despite the hovering economic challenges, thousands of manufacturers attended the 2019 Canadian Manufacturing Technology Show (CMTS), which took place September 30 to October 3 at the International Centre in Mississauga, ON. 

FABTECH Canada: Manufacturing glamour

Think manufacturing is only a get-down-and-dirty kind of business? Manufacturing has come a long way from past images, transforming into what is today a high-tech, leading-edge industry with plenty of job opportunities. That's the message of organizers of FABTECH Canada, the country's largest and only exclusive metal forming, fabricating, welding, stamping, coating and finishing event, which takes place March 18-20 at the Toronto Congress Centre.

New general manager for Seco Tools in Canada

Brancko Hohnec has been appointed general manager, Canada, for Seco Tools. He joined Seco 11 years ago and most recently was managing director of Seco in Slovenia. He has a background in mechanical engineering. He will be based in Mississauga, ON.

 

 

 

Haimer expands Canadian sales, service

Haimer USA is expanding its sales and service support in Canada with the appointment of Matt Seesle, who has joined the company as the dedicated Canadian applications sales specialist.

Titanium products market to boom by 2020

Use of titanium, already a well-known material among the metal product manufacturing sector, is expected to boom by 2020 according to a new research report by Persistence Market Research. 

This tiny drone with a tiny brain is smart enough to fly itself

Engineers in Europe have built the world’s smallest autonomous rotor drone equipped with a neural network running on just 1/100th of a watt.

Magellan wins $140 M Airbus contract extension

Magellan Aerospace Corporation has secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts.

Westway Machinery to sell Mazak lasers

Westway Machinery, Mississauga, ON, has formed a partnership with Mazak Optonics, Elgin, IL, to sell Mazak's laser cutting systems in Eastern Canada.

Solid growth in May as inflationary pressure builds

Growth in output and new orders made May another positive month for the Canadian manufacturing sector, according to the latest data from the IHS Markit Purchasing Managers’ Index (PMI).

BlackBerry to work on driverless vehicles

BlackBerry Ltd. has been selected to work with Chinese search engine giant Baidu Inc. to provide the safety operating system for the Apollo autonomous driving system, which is being developed in cooperation with several vehicle makers.

Magna International supports skilled trades

Skills Ontario will receive a $100,000 investment from Magna International in support of the 2017 Skills Ontario Competition, Skills Ontario Young Women’s Initiatives, and Skills Ontario Summer Camps.

Bombardier to boost rail building division

Bombardier has announced that it is investing Cdn$330-396 million this year in its train building operations.

Okuma's summer showcase event

Okuma held its 2017 Summer Showcase event July 19-20 at its North American headquarters in Charlotte, NC. More than 200 customers from 100 companies attended the event. Okuma created a video to highlight the event.

Manitoba economic leader in 2015 and 2016: Report

Manitoba will be one of the leading provincial economies in both 2015 and 2016, according to The Conference Board of Canada's Provincial Outlook-Winter 2015.

Akhurst to distribute Mitsubishi in Western Canada

Akhurst Machinery has been announced as the new Western Canadian dealer for MC Machinery Systems lasers, laser automation, press brakes and shears.

Stay In Touch

twitter facebook linkedIn