STOCK MARKET BSE NSE

Canada's Justin Trudeau accuses China of 'dumping' steel on global markets

Prime Minister Justin Trudeau today accused China of flooding global markets with cheap steel, adding that Canada has already taken steps to prevent "dumping" in this country.

Published: 13th March 2018 12:25 AM  |   Last Updated: 13th March 2018 01:11 AM   |  A+A-

Canadian Prime Minister Justin Trudeau (File |AP)

By PTI

OTTAWA: Prime Minister Justin Trudeau today accused China of flooding global markets with cheap steel, adding that Canada has already taken steps to prevent "dumping" in this country.

"We are very concerned about the actions taken by China and the dumping of steel and aluminium on the global market," Trudeau said following a tour of a steel and aluminium plant.

His comments came amid rising trade tensions in the wake of a US decision to impose steep tariffs on imported steel and aluminium.

Canada, the top supplier of steel and aluminium to the US markets, has been temporarily exempted from the tariffs.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp