U.S. tariffs push Ottawa to invest more in Canadian steel, aluminum projects
- Ottawa is prioritizing investments in projects that mainly use Canadian steel and aluminum, according to Industry Minister Francois Philippe Champagne.
- This decision is a response to the 25 percent tariffs imposed by U.S. President Donald Trump on steel and aluminum.
- Canada has reciprocated with 25 percent tariffs on $29.8 billion worth of American goods, effective immediately.
- Champagne stated that Canadian steel and aluminum support vital U.S. Industries, including defense and automotive manufacturing.
40 Articles
40 Articles
Iwaya calls U.S. tariffs 'regrettable' in talks with Rubio
Japanese Foreign Minister Takeshi Iwaya said Thursday he had told U.S. Secretary of State Marco Rubio that the imposition of tariffs on all steel and aluminum imports by President Donald Trump was "regrettable." Shortly after their meeting in the small Canadian resort of La Malbaie, Quebec, Iwaya told reporters that…
'Absolutely brutal' — Uncertainty the biggest fear as Windsor feels sting of Trump tariffs
The whirlwind of steel and aluminum tariffs and counter-tariffs began to buffet Canadian businesses Wednesday — with the ensuing trade war chaos proving as costly as the actual new taxes themselves.
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