Wells Fargo Says New Canada Steel Duties ‘For Show’ in Trade War

Wells Fargo analyst Timna Tanners stated that Canada's retaliatory tariffs on US steel and aluminum are largely symbolic, citing that the ongoing trade dispute has already increased the cost of importing American metals. Tanners did not specify which tariffs she was referencing or provide a timeline for when costs became prohibitive. Wells Fargo did not announce a formal position on the tariffs beyond Tanners' comments.

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