The Globe and Mail: The U.S. began applying a 25-per-cent tariff on the entire value of imported “derivative” goods made of steel, aluminum and copper on April 6, replacing a previous 50-per-cent tariff that only applied to the metal content.
Jim Estill, owner of Arctic Snowplows, said the change will increase the tariff bill on a $10,000 snowplow to $2,500, causing the company to lose 90 per cent of its U.S. business…