US EditionCanada steel, aluminum plants lay off workers due to US tariffs
- Point to Point Parcel in Point Roberts will close on April 19 due to the tariff war, confirming that the impact of tariffs is more severe than COVID-19, according to co-owner Beth Calder.
- Eascan Automation Inc. laid off about a third of its employees amid a 25 percent drop in business due to trade war uncertainty, as stated by the company.
- Loren Remillard, president of the Winnipeg Chamber of Commerce, noted that most members foresee or already feel the impacts of U.S. tariffs on Canadian goods.
- Businesses related to exports, like Eascan, are likely to suffer, according to Loren Remillard, who emphasized the widespread economic impact of the tariffs.
27 Articles
27 Articles
The European Steel and Metals Action Plan aims to eliminate the unequal situation and improve competitiveness.
The Virginian Pilot
Daily PressTariffs, trade and the trouble with Trump’s steel and aluminum gambit in Hampton Roads
The shipyards of Hampton Roads have long been the pride of American industry — steel giants rising along the water, powering not just the U.S. Navy but the regional economy of coastal Virginia. But President Donald Trump’s decision to impose a 25% tariff on imported Canadian steel and a 25% tariff on aluminum threatens to rust the very foundation of this legacy. While framed as a “pro-America” policy, these tariffs reveal a fundamental misunders…
U.S. tariffs, promoted by President Donald Trump, have already left their first victims in Canada, where massive layoffs of steel company workers are reported. According to economists, this is just the beginning of severe impacts on companies and their workers, as the situation could get worse if Donald Trump continues with his tariff policy. It is recalled that the U.S. imposed 25% tariffs on any imports of steel and aluminum, and it is expecte…
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