Linking Steel and NAFTA Will Not Get a Better Deal: Morneau

The Canada Border Services Agency is being granted extra powers to identify businesses that try to dodge import duties and ship cheap foreign steel and aluminum through the Canadian market. (Reuters/Jo Yong-Hak/File Photo)

VANCOUVER—Linking steel with the ongoing renegotiation of NAFTA will not improve the tri-country trade agreement and Canada will respond firmly but appropriately if the United States targets Canada’s steel or aluminum for tariffs, finance minister Bill Morneau said on Tuesday.

“We see ourselves as an important part of the U.S. supply chain, we see that we’re an important part of the U.S. and NATO security alliance, so we are currently putting forward the position to the United States that we believe Canada should be exempt from any tariffs on steel or aluminum,” Morneau told reporters in Vancouver.

Reporting by Jim Morris and Andrea Hopkins

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