USMCA Watch: Union Against Ratification as Canadian Steel Heads to Mexico — Panjiva


USMCA Watch: Union Against Ratification as Canadian Steel Heads to Mexico

Canada 338 Materials - Metals/Mining 484 Metals - Aluminum 160 Metals - Steel 362 Mexico 506 Tariffs 1175 U.S. 3310 USMCA 374

Canada’s United Steelworkers’ union has called on the government to reject the U.S.-Mexico-Canada Agreement (USMCA) until U.S. tariffs on steel and aluminum have been removed. If anything Canada has been “winning” the steel and aluminum trade war. U.S. imports from Canada fell $507 million year over year in the six months since the tariffs were applied, while exports to Canada fell $713 million. In the meantime shipments from Canada to Mexico have increased as regional supply chains adjust to tariffs. Mexican imports of steel and aluminum from Canada have climbed 7.9% year ov...

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