Trump's imposition on trade tariffs 'unacceptable': Canada PM Trudeau

U.S. President Donald Trump has announced plans to impose steep tariffs on imports of steel and aluminum

In a world that's already producing more of the metal than it needs, closing the doors of the world's biggest steel importer is likely to have widespread ripple effects. "You'll have to regrow your industries, that's all I'm asking", Trump said in the presence of a pool of reporters.

Meanwhile, foreign governments lambasted the tax, suggesting that these trade restrictions could elicit reactionary tariffs against US goods.

You can't blame other countries for the increase in productivity in US steel plants, and to his credit, the president doesn't really do that.

Mattis also urged making it clear to US industry that protection would be conditional, "to set clear expectations domestically regarding competitiveness". In 2003, he estimated losses in steel-consuming industries at a maximum of 43,000 jobs. "We have been clear that we are particularly concerned by any measures that would impact the United Kingdom steel and aluminum industries".

Sen. Ben Sasse is attacking President Donald Trump over his comments that trade wars are "easy to win". Additional details about the tariffs are expected next week.

"The United States has a two billion surplus on steel with us so we regard the imposition of any new tariffs or any tariffs on steel or aluminum between our two countries as absolutely unacceptable", Canadian Prime Minister Justin Trudeau told reporters Friday.

A Chinese foreign ministry spokesman said: "If all countries followed the example of the United States, [it] will undoubtedly result in a serious impact on the worldwide trade order".

Joseph Galimberti, president of the Canadian Steel Producers Association, said his organization has been "pushing hard" for an exemption.

Trump has revealed he wants to impose a 25% tariff on imported steel, and add 10% to aluminium.

But some of Trump's supporters in the tariff decision said they were undeterred.

WTO Director-General Roberto Azevedo said in a statement that a trade war would be in no one's interest. "American workers and American consumers will suffer as a result of this misguided tariff".

His threats, made in a series of Twitter posts, looked to escalate his new protectionist policies far beyond the steel and aluminum tariffs he said he would impose next week.

The tariffs plan is yet to receive the signature of the US President.

The record shows that tariffs, while they may help certain domestic manufacturers, can come at a broad cost.

Another Republican Congressman Pete Olson expressed concern over Trump's decision on proposed tariffs on steel and aluminium imports. In my opinion Canada, Germany and the European Union are not harming us in their trade deals and they shouldn't be included. One way could be by buying finished metal goods, which aren't affected by the tariffs, instead of raw materials, defeating the goal of helping the domestic metals industries, he said.