…But they’re a very expensive way to retain jobs
Systematic misconduct spanned years, affecting products sent to more than 680 companies.
Defence secretary James Mattis said the military had more than enough steel for its needs, expressed concern broad tariffs would hurt key allies.
Tariffs on imports of steel and aluminum threatens a global trade fracas.
Has to make decisions on steel by April 11 and on aluminum by April 19.
Beijing faces complaints that a flood of Chinese aluminum, steel and other exports are being sold at unfairly low prices.
One of Trump’s tariff options could hit Canada steel and aluminum producers hard.
Plans to use the money for capital investments, pension payments, and to increase its offerings in specialized steel products.
EU is drawing up a list of US products to target – including orange juice and Kentucky bourbon – if Washington restricts imports of aluminum and steel.
Will lower operating costs by eliminating about 70% of future power purchases.
Looking at “tariffs and/or quotas” on imports arguing they pose a threat to national security.
Will include construction of a filtration plant and optimization at a site to manage bauxite residue.
Industry association head cites potential instability in the US over NAFTA’s future while auto and housing sectors slow.
A key issue is company’s intention to introduce a new-member funded pension plan.
Supplied by industrial machines manufacturer Fives Liné Machines in Granby, Que.