International Trade committee  No, I wouldn't care to comment.

International Trade committee  We don't keep much inventory of raw material, but what we are seeing is that our suppliers are also driving down their inventories, because they don't want to have a bunch of material that they paid tariffs on when the tariffs are removed. I used be able to get steel in two or

International Trade committee  I don't. They can't apply for duty drawback because they don't know that the products were exported. On the remissions side, I don't know enough about the steel market to know where the steel is coming from to be able to answer that.

International Trade committee  Well, somebody in the supply chain is overcharging. There's a tendency to go, “Okay, the tariff is in place, and I'm going to immediately charge 25% more, never mind that I stocked all this stuff before the tariffs. I'm going to charge for the tariff all the way along.” Then ther

International Trade committee  One of our suppliers is a company called Anchor Danly. They were kind enough to show me their pricing structure for the last 12 months, and things that they were selling for $950 in November were $1,300 in March. They're not producing the steel; they're just turning it into a sta

International Trade committee  We probably sell 50% into Canada, and roughly a quarter into Mexico and a quarter into the United States. Most of our customers are global tier 1 automotive companies—big companies. We're competing against Canadian, American and offshore on most projects. Because we're a highly

International Trade committee  That's correct. I thought that the duty drawback was going to work for us. Then I started talking to our suppliers. The paperwork that I would need would show who they're buying from and how much they're buying it for, so they're not going to supply that to me. The other issue

International Trade committee  —accelerated capital, just to put a little bit of money back into our pockets to invest in the business. We're growing quite rapidly. This just sort of drains some of the oxygen out of our organization.

International Trade committee  Thank you, Mr. Chair. My name is Ben Whitney and I have the privilege of being the owner and president of two London, Ontario manufacturers: Armo Tool and Abuma. Thank you for the opportunity to explain the impacts of steel and aluminum tariffs on Armo, Abuma, and our 225 Canad