US EditionCanada announces retaliatory measures on U.S. steel, aluminum tariffs
- In March 2025, Canada imposed tariffs of 25 percent on steel and aluminum imports from the United States as a measure in retaliation.
- The counter-tariffs followed U.S. President Trump doubling tariffs to 50 per cent earlier in June due to concerns about steel dumping and global overcapacity.
- Prime Minister Mark Carney stated Canada will limit federal procurement to Canadian and trusted partners' steel and aluminum by June 30 and create task forces for monitoring trade.
- Catherine Cobden stated that with tariffs doubled to 50 percent, Canadian steel has virtually lost access to the U.S. market, resulting in billions of dollars' worth of steel without buyers.
- Canada plans to adjust its counter-tariffs on July 21 to align with progress in U.S. negotiations, reflecting ongoing efforts to protect domestic industries amid trade tensions.
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Steel sector warns of collapse
Pakistan's steel sector may become the first casualty of the government's decision to open the economy to foreign competition, as a parliamentary review finds flaws in the assumptions behind cutting protection levels by 52%. Abbas Akber Ali, patron-in-chief of the Pakistan Association of Large Steel Producers (PALSP), warned on Friday that the proposed tariff reduction would push Pakistan toward trading in imported steel instead of manufacturing…
·Pakistan
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The Times of Northwest Indiana+3 Reposted by 3 other sources
Canada eyes new tariffs if US trade talks falter
TORONTO — Canadian Prime Minister Mark Carney said Thursday he will impose new tariffs on U.S. steel and aluminum imports on July 21 depending on the progress of trade talks with U.S. President Donald Trump.
·Cherokee County, United States
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Leaning Left36Leaning Right17Center49Last UpdatedBias Distribution48% Center
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- 48% of the sources are Center
48% Center
L 35%
C 48%
R 17%
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