Trump's tariffs on steel and aluminium could see billions of dollars' worth of Canadian metals being redirected and dumped on Europe. Could this spark a second transatlantic trade war?
No, of course it’s not the sole reason, but cost of materials is a factor.
Also if there is a pro-longed cease-fire in Ukraine, the amount of materials needed for reconstruction is immense and drive up prices. Meaning stockpiling cheap steel right now would make sense.
No, of course it’s not the sole reason, but cost of materials is a factor. Also if there is a pro-longed cease-fire in Ukraine, the amount of materials needed for reconstruction is immense and drive up prices. Meaning stockpiling cheap steel right now would make sense.
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