OTTAWA - Steel originating in China will be subjected to higher tariffs to tackle steel dumping amid U.S. President Donald Trump's ongoing global trade war, Prime Minister Mark Carney said
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…