CUSMA won’t hold Canada back from tariff retaliation

The new NAFTA trade deal, known as CUSMA, will not limit Canada’s ability to retaliate should the U.S. impose tariffs on steel and aluminum, according to Steve Verheul, Assistant Deputy Minister at Global Affairs Canada. “We have options in terms of how we might respond on a bilateral basis, because as I mentioned, the statement itself says ‘aluminum-containing products.’ That’s a very broad category. So there are a number of areas we could explore on that front.” (Source: Global News) Read the original story…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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