Base Metals
U.S. lifts tariffs on Canadian aluminum
OTTAWA — The United States is standing down in its tariff dispute with Canada and lifting a 10 per cent levy on aluminum imported from north of the border. The office of the U.S. Trade Representative says it will lift the tariffs retroactive to Sept. 1 because it expects Canadian exports to “normalize” over the…
OTTAWA — The United States is standing down in its tariff dispute with Canada and lifting a 10 per cent levy on aluminum imported from north of the border.
The office of the U.S. Trade Representative says it will lift the tariffs retroactive to Sept. 1 because it expects Canadian exports to “normalize” over the remainder of the year.
In a statement, the USTR says it will continue to monitor trade in aluminum and reimpose the tariff if levels spike unexpectedly.
The sudden about-face comes just hours before the federal Liberal government was expected to announce a suite of countermeasures in retaliation for the tariffs.
The government had already issued a list of possible products on the target list, including beverage cans, washing machines and golf clubs.
The U.S. imposed the tariffs last month at the request of two American manufacturers, prompting an outcry from Canadian producers.
This report by The Canadian Press was first published Sept. 15, 2020.
James McCarten, The Canadian Press
4 Blue-Chip Stocks to Sell in October
In general, when markets trend lower, it makes sense to invest in blue-chip stocks. They tend to have a low beta and also provide regular cash flows through…
The Treasure Below
Although we have known about vast deposits of polymetallic nodules on the sea floor for nearly 150 years, their exploitation has only recently advanced…
Emerita Resources drills 2.6% copper over 26.8 metres at IBW, Spain
Emerita Resources Corp. [EMO-TSXV; EMOTF-OTCQB; LLJA-FSE] reported additional assay results from the 2022 delineation drilling…
Why #Canada Needs an EV #Battery Strategy – NOW
“As Soon As Possible”: US Preparing To Wean Itself Off Russian Nuclear Fuel
Pure Hydrogen thrilled at long-awaited big reveal of monstrous Aussie hydrogen-powered ute
Recession Fears Ramp Up Pressure on Industrial Metals Markets
ESG and Geopolitics top the list of creepy crawlies making mining execs go bump in the night
China’s Renewable Energy Buildout Will Boost Copper Demand
American West Metals confirms new copper system at the Storm Project
Gelion just opened a zinc-bromide battery plant in NSW – here’s why that’s a big deal
American Rare Earths’ Supply Chain Vision
Alcoa Corp Stock: Should Investors Buy?
-
Economics19 hours agoAnti-Globalism Is Going Mainstream – Which Means Engineered Disaster Is About To Strike
-
Companies17 hours agoAton announces the first results and completion of the resource infill RC drilling programme at Hamama West
-
Precious Metals17 hours agoWhen and Where Will Gold Bottom?
-
Economics6 hours agoThere’s Blood In the Streets! Here’s Why & What To Do About It
-
Uncategorized21 hours agoStockman Slams Washington’s Pointless War On Behalf Of A Fake Nation
-
News Releases23 hours agoSILVERCORP REPORTS 2022 AGM RESULTS AND APPOINTS NEW DIRECTOR
-
Economics6 hours agoCommodities Are Practically Bulletproof Investments Going Forward
-
News Releases17 hours agoNevada Exploration Provides Project Updates and Seeks Expressions of Interest
