
Pressure mounts on Carney to match Trump’s tariffs on steel and aluminum
OTTAWA — Canada’s steel industry is calling on the federal government to quickly match U.S. President Donald Trump’s 50 per cent tariffs on steel and aluminum — part of a growing chorus demanding swift retaliation.
Canadian Steel Producers Association CEO Catherine Cobden said Trump’s tariffs are delivering a crushing blow to the Canadian steel industry.
“At a 25 per cent tariff rate, we saw significant layoffs, curtailed investments and a significant drop of shipments to the United States,” she said in a statement sent to media.
“At a 50 per cent tariff rate, the U.S. market is effectively closed to Canadian steel, leaving billions of dollars of Canadian steel without a market.