These charts reveal a fake Canadian-US bond in steel and aluminum

It is an action that can change North American trading.

Before this month, US President Donald Trump declared Tariffs in all steel and aluminum products coming to the United States, including Canada.

Each time the Canadian steel or aluminum passed from the 49th parallel, the importer must fire 25 percent to the US government – On top of another 25 percent If Trump has become a threat to the tariff for all the goods from Canada.

Here are nine graphics that put metal trade in the US and Canada in the Perspective.

Like many Canadian products, the vast majority of steel and aluminum exports go to the United States for how heavy this reliability is? More than a billion steel steel in December 2024, the main part of the export came from Ontario. Aluminum is also a $ 1 billion export, most of the queels.

The purpose of the Trump’s tariffs is to change the demand for foreign goods and increase local production in the United States, the demand of Canada products and probably in the house, especially in the house, especially in Quebec and Ontario.

“If we do it in the United States, there is no need to be done in Canada. We will have a job, so we must have 51st States in Canada” Said Trump.

Statistics Canada information about 5,000 jobs in the steel sector is located in Hamilton, Ont, Stelco Inc and ArceloMittal Dofasco Inc.

These are large numbers, but these are large urban centers with diversified workforces. There are 2400 steel workers in Sault Ste. Marie, Ont., A medium-sized city with a general population based on 80,000, so significant job loss would feel more drastic.

Ontario steel workers will feel free to leave any of the information, the data shows that the Canadians in the country have been hired by the steel industry.

As the aluminum arrived, about 3,000 people are employed in the aluminum industry in Saguenay. Other economic regions in Quebec will also affect Trois-Rivières, SEPT-Years and Baie-Comeau.

Let’s look at the tariffs from the US perspective. Canada is the most important trading partner in the United States and the United States and the United States, the most foreign supply of aluminum, China and Mexico.

Canada’s steel and aluminum, cars, boxes and devices are building blocks for a large area for large consumer goods.

To understand the effects of the United States, we only need to turn the clock back by 2018 by 2018, the last time Trump Similar tariffs. After these measures apply a report In 2018, published by the US National Economic Research Bureau, “What the United States raised in the newly protected sectors,” he found out what the US tariffs are negative employment. ” US Trade Commission report As a result of the tariffs, steel and aluminum prices have increased. These tariffs were broken in 2019.

If the Canadian government will respond to this and the tariffs of revenge will be applied.

“If we look at it, our answer will be strong and clear. We will stand up for Canadian workers. We will stand up in Canadian industries”, “Prime Minister Justin Trudeau He said last week.

Currently, there is a close relationship of Canada and the United States. In 2024, from the United States to the United States, about $ 13 billion in the United States, and according to the figures of the US Census Bureau, a little more than $ 11 billion in other US dollars.

However, the Gulf between aluminum imports and exports is great. The United States brings more than three times as he exported to Canada, stressed that the supply chain between the two countries trusts from Canada from Canada.

Protective tariffs offered by Trump can affect the steel and aluminum industry in Canada and seismic impact on its workforce. However, in this regard, the three categories of tariffs were affected in December 2024, about 4.5 percent of total exports from Canada.

White house, steel and aluminum tariffs will enter into force on March 12, he said.

Meanwhile, it takes the breath of Canada, waiting for Trump to see a separate threat to all Canadian goods to apply a 25 percent tariff.