President Trump reimposed a 10 percent tariff on aluminum imports from Canada, effective Aug. 16, reported Politico. Canada issued retaliatory tariffs that will go into effect Sept. 16, according to BBC.
“With so much uncertainty in the domestic economy, this decision to re-impose tariffs on Canadian aluminum is highly misguided,” says Michael O’Brien, WDMA president and CEO. “The COVID pandemic has created severe economic distortions for manufacturers and imposing a tariff will simply increase the cost of a vital material for manufacturing and construction. Furthermore, we are concerned that this action will undermine the work accomplished by the USMCA’s recent implementation, in addition to harming our regional trading relationships. The North American market is a critical sector for window, door and skylight manufacturing and we urge the Administration to reconsider this decision.”
