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Five things to know about Canada’s counter-tariffs on the U.S.

  • Canada faces rising economic pressure after the U.S. Doubled steel and aluminum tariffs in early June 2025.
  • This tariff hike follows ongoing U.S. Policy aiming to boost American power, affecting Canadian steelworkers and auto industries.
  • Industry Minister Mlanie Joly toured the ArcelorMittal Dofasco plant on June 6, 2025, signaling a forthcoming crackdown on foreign steel dumping.
  • Algoma Steel's CEO noted that countries like China and South Korea dump cheap steel, urging immediate Canadian tariffs to protect local producers.
  • The expected anti-dumping measures aim to shield Canada's steel sector but may raise prices and impact steel distributors, potentially worsening job losses.
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Bowen Island UndercurrentBowen Island Undercurrent
+11 Reposted by 11 other sources
Lean Left

U.S. ambassador Pete Hoekstra says Canada's economic hopes align with Trump's goals

OTTAWA — U.S. President Donald Trump's goal of enhancing American power aligns with Prime Minister Mark Carney's aim of making Canada's economy the fastest-growing in the G7, Trump's envoy to Canada said Friday.

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Winnipeg SunWinnipeg Sun
+13 Reposted by 13 other sources
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Five things to know about Canada's counter-tariffs on the U.S.

By Sarah Ritchie

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Coast Reporter broke the news in Sechelt, Canada on Thursday, June 5, 2025.
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