Posted BY: Robert Besser
OTTAWA, Canada: In a bid to deny Moscow the ability to fund the war against Ukraine, Canada has banned the import of all Russian aluminum and steel products.
“Ukraine can and must win this war. We continue to do everything we can to cut off or limit the revenue used to fund Putin’s illegal and barbaric invasion of Ukraine,” Finance Minister Chrystia Freeland said in a statement.
The ban covers both finished and unfinished products and would impact the import of products such as aluminum sheets, aluminum containers, as well steel tubes and pipes, according to the statement.
Canada, along with its Western allies, has taken coordinated actions against Russia following its invasion in Ukraine. Ottawa has slapped sanctions on more than 1,600 individuals and entities over the invasion and supported Kyiv with over $3.6 billion in financial, military, and other aid.
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“We are ensuring Putin cannot pay for his war by selling aluminum and steel in Canada, in coordination with action taken by the United States today,” Freeland said.
Canada imported $32 million of aluminum and $153 million of steel products from Russia In 2021, according to official data.
Our government just gets stupider and stupider as time goes by! Russia isn’t the problem. The U.S. and NATO are the problems.
America’s imported worth of aluminum from Russia US$673.32 Million in 2022…. US Imports of Iron and Steel from Russia were US$1.3 Billion in 2022….. Aluminum Imports from China in 2022 were $4.04 Billion….. Iron and Steel Imports from China in 2022 were $1.11 Billion…….. Why is there only ONE operating American smelter capable of producing high-quality aluminum required for military and aerospace applications—AND it’s the ONLY ONE in a NATO country. SO America is incapable of producing enough aluminum, steel, and iron to sustain itself…. WHY IS THIS??? And I’m flabbergasted by the amount of other imports.
AND that doesn’t include the Chinese articles made out of iron and steel. That’s just a mere $16.46 Billion.