Advertisement
Canada markets close in 3 hours 29 minutes
  • S&P/TSX

    21,771.78
    +63.34 (+0.29%)
     
  • S&P 500

    4,969.18
    -41.94 (-0.84%)
     
  • DOW

    37,851.61
    +76.23 (+0.20%)
     
  • CAD/USD

    0.7268
    +0.0005 (+0.06%)
     
  • CRUDE OIL

    82.99
    +0.26 (+0.31%)
     
  • Bitcoin CAD

    87,767.02
    -90.14 (-0.10%)
     
  • CMC Crypto 200

    1,379.08
    +66.46 (+5.06%)
     
  • GOLD FUTURES

    2,406.20
    +8.20 (+0.34%)
     
  • RUSSELL 2000

    1,941.17
    -1.79 (-0.09%)
     
  • 10-Yr Bond

    4.6130
    -0.0340 (-0.73%)
     
  • NASDAQ

    15,322.58
    -278.92 (-1.79%)
     
  • VOLATILITY

    18.94
    +0.94 (+5.22%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6827
    +0.0006 (+0.09%)
     

Steel Tariffs: A Bargaining Chip in NAFTA Talks?

Steel Tariffs: A Bargaining Chip in NAFTA Talks?

President Trump formalized a blanket tariff of 25% on all steel imports and 10% on all aluminum imports. Canada exports the most steel to the US. In the first 11 months of 2017, Canada accounted for 16% of the US steel imports (X) (AKS). Overall, 25% of the US steel imports (MT) came from NAFTA during the same period.