Industry groups say U.S. tariffs will cost jobs, raise prices

Aluminium imports into the United States will also be subject to a tariff, at the rate of 10 per cent.

The Alliance of Automobile Manufacturers, a major industry trade group, warned the tariffs will also drive up the price of steel made in the USA — a cost that it predicts will be passed along to consumers through higher prices on vehicles.

The National Association of Home Builders noted the tariffs would pile on more costs on builders and, ultimately, homebuyers.

Australia has already set a precedent with an energetic lobbying effort that seems to be paying off. Trump, who excluded Canada and Mexico from the tariffs, singled out Australia on Thursday as another country that could be exempt. He discussed the tariffs with Turnbull and President Mauricio Macri of Argentina in phone calls Friday, the White House said.

"We'll see how far this really goes", he said.

For now, Canada and Mexico will be excluded from the tariffs.

"This is on balance a good thing today", he said in an interview this afternoon with CBC News Network.

"We would perhaps have to raise the tariffs of everybody else, and modestly I may add, to ensure that our steel and aluminum industries are protected", the official said, speaking to reporters on the condition of anonymity.

"Our point is that these tariffs are going to have a bigger impact on our American economy than what their goal is", she said. He also signed one for steel.

The official insisted that was untrue.

Steel imports will be hit with a 25% tariff and aluminum imports with a 10% tariff. He did not explain how those round numbers managed to survive intact, even after the formula was later upended by the exclusion from tariffs of major suppliers.

Canada's Prime Minister Justin Trudeau, receives the 2018 Catalyst for Change Award and delivers remarks at the Equal Voice International Women's Day Lunch in Toronto, Ontario, Canada, March 8, 2018.

Canada's ambassador to Washington dined this week with US national-security adviser H.R. McMaster; Foreign Affairs Minister Chrystia Freeland, Natural Resources Minister Jim Carr, Defence Minister Harjit Sajjan, and Transport Minister Marc Garneau all reached out to cabinet counterparts in recent days. If they offer something in return for favorable treatment - like, say, the increases in military spending Trump has demanded from North Atlantic Treaty Organisation allies - they could encourage the president to use access to the US market as a cudgel in the future.

Canada is the No. 1 seller of both steel and aluminum to the U.S.

The lobbying found a mostly receptive audience: the USA military strongly resisted tariffs against allies, and 107 congressional Republicans released a letter this week to express their alarm over the move.

Trump had suggested before he signed the orders imposing the tariffs that Australia and "other countries" also could be exempted. "We're after a good deal, not any deal".

The reopening will bring back about 500 U.S. Steel workers who had lost their jobs in the closure.

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