The Globe and Mail reports in its Friday, Oct. 3, edition that Canada's Trade Minister, Dominic LeBlanc, expressed hope for progress in reducing U.S. tariffs on steel and aluminum before the North American trade pact review. The Globe's Steven Chase writes that Mr. LeBlanc believes Canada still holds leverage in discussions, despite dropping retaliatory levies and the digital services tax opposed by President Donald Trump. While optimistic about resolving trade issues, Mr. LeBlanc noted that not everything will be addressed.
He said, "Some challenges will remain for some time." The minister stated that the U.S. is seeking Canada's "enhanced co-operation" on unspecified issues. However, there is also domestic pressure in the U.S. to relax tariffs on Canadian products, as American companies relying on Canadian steel, aluminum or autos will be bending the president's ear. Mr. LeBlanc said: "There are common interests -- might be a more-gentle word -- that we have with the Americans. If you're the CEO of Ford Motors and all of your Ford F-150 and F-250 trucks are made with Canadian aluminum imported into the manufacturing facility in the United States, it's an inflationary pressure on those trucks."
© 2025 Canjex Publishing Ltd. All rights reserved.