Canadian steel, aluminum makers brace for impact as Trump forges ahead with 25% tariffs


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Rolls of coiled steel are seen at Canadian steel producer Dofasco in Hamilton, Ont.. A short-lived threat of 50-per-cent tariffs on Canadian steel and aluminum exports into the U.S. was the most forceful move yet by Mr. Trump in a trade war that started in earnest a little more than a week ago.Tara Walton/Canadian Press The Canadian steel and aluminum sectors are bracing for the effects of a 25-per-cent tariff on exports into the United States, after briefly enduring the threat of incurring double that amount, with Canada’s sole independent steelmaker, Algoma Steel Group Inc.,...