Prime Minister Mark Carney says Canada is taking steps to protect the steel and aluminum industries with new counter-tariffs and protectionist policies.
The prime minister says Ottawa is introducing rules on June 30 that will limit federal procurement to using steel and aluminum from Canada and “reliable trading partners.”
New tariffs will be imposed in the coming weeks to protect the industry from unfair trading practices and overcapacity, Carney says.
The heads of the Canadian Steel Producers Association and the United Steelworkers are visiting Parliament Hill today and calling for urgent action from the federal government.
U.S. President Donald Trump imposed a 25 percent tariff on all steel and aluminum imports in March, and hiked that rate to 50 percent earlier this month….