"We're being stabbed in the back," says Shale Tobe, the vice president of a Canadian steel service center in Toronto after US President Donald Trump signed executive orders to begin enacting tariffs on steel and aluminium imports on March 12.
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00:00They're like brothers to us, they're our neighbours.
00:28Things have been running smoothly, going back and forth across the borders for decades,
00:33and now it's a bit of a wild card.
00:36We're being stabbed in the back a bit, I feel.
00:39It's not even the tariffs that bother me as much, it's hearing things like that they're
00:47threatening to take over Canada.
00:50That bothers me more.
00:59Tariffs on Canadian steel and aluminium would be entirely unjustified.
01:04We are the US's closest ally, our economies are integrated.
01:09Canadian steel and aluminium is used in a number of key American industries, whether
01:14it's defence, shipbuilding, manufacturing, energy, automotive, together we make North
01:22America more competitive.
01:28Conduct 55% of our external trade.
01:32Tariffs are taxes, bad for businesses, worse for consumers.
01:37And by imposing tariffs, the US will be taxing its own citizens, raising costs for its own
01:44business, and fuelling inflation.
01:47Put simply, it is a lose-lose scenario.