San Diego Chamber: Steel, Aluminum Tariffs Will Impact San Diego Businesses
Tuesday, June 5, 2018
Photo by KPBS
Paola Avila, vice president of international business affairs, San Diego Regional Chamber of Commerce
The new U.S. tariffs on imported steel and aluminum will have major implications for local businesses said Paola Avila, vice president of international business affairs at the San Diego Regional Chamber of Commerce. The chamber opposes the tariffs.
Avila said tariffs on imported metals from Mexico, Canada and the European Union are expected to drive up the price of steel, which will affect several key industries including the local shipbuilding and construction industries.
In response to the 25 percent tariff on steel and 10 percent, levy on aluminum, Mexico has moved forward with enacting retaliatory tariffs on certain U.S. imports. Canada and the EU are in the process of doing the same.
The Trump administration said it enacted the tariffs on national security grounds.
After working for years to establish cross-border trade with Mexico, the chamber is concerned about a possible trade war and its effect on the San Diego economy.
Avila discusses Tuesday on Midday Edition, how the new tariffs may impact San Diego's economy and U.S.-Mexico trade relations.
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