Diamond Member Pelican Press 0 Posted June 5, 2025 Diamond Member Share Posted June 5, 2025 This is the hidden content, please Sign In or Sign Up As Trump hikes steel tariffs, industry urges ‘action’ in Ottawa meetings – National Descrease article font size Increase article font size The ********* Steel Producers Association and union group leaders are visiting Ottawa on Thursday to “urge” the federal government to respond to higher steel and aluminum tariffs from the U.S. with “immediate action.” This comes just after U.S. President Donald Trump doubled down on his tariff policy by increasing levies from 25 per cent to 50 per cent on Wednesday, specifically targeting imports of steel and aluminum products. Prime Minister Mark Carney called the escalation “********.” This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> 2:00 How will Carney respond to Trump’s steel and aluminum tariff hike? In a statement, the ********* Steel Producers Association said the government “must immediately implement new tariffs at our own borders to stem the flow of unfairly traded steel from entering Canada and cannibalizing our industry.” Story continues below advertisement The statement also describes how at the prior tariff rate the industry “saw significant layoffs, curtailed investments and a significant drop of shipments to the United States.” This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> Get daily National news Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day. With the tariffs increased to 50 per cent, the group says, “the U.S. market is effectively closed to ********* steel, leaving billions of dollars of ********* steel without a market.” The statement is also urging the government “to protect our industry” by fully re-instating retaliatory tariffs on steel imports from the U.S. and matching their escalation. Trending Now This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> Elon Musk calls Trump’s ‘big, beautiful’ tax bill a ‘disgusting abomination’ This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> Marc Garneau, former federal cabinet minister and astronaut, dead at 76 Ontario Premier Doug Ford called the U.S. move “unfortunate” on Wednesday and said he wants to see “tariff-for-tariff, dollar-for-dollar” retaliation and a matching retaliatory tariff put in place. “Unfortunately, they broke a verbal agreement. That’s unfortunate, it’s going to cost the American people,” he said. “I want to make sure the federal government slaps another 25 per cent on their steel.” This is the hidden content, please Sign In or Sign Up /applications/core/interface/js/spacer.png"> 1:09 Premier Ford says Trump ‘broke a verbal agreement’ by slapping 50% tariffs on ********* steel More to come. Story continues below advertisement More on Canada More videos © 2025 Global News, a division of Corus Entertainment Inc. This is the hidden content, please Sign In or Sign Up #Trump #hikes #steel #tariffs #industry #urges #action #Ottawa #meetings #National This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/269592-as-trump-hikes-steel-tariffs-industry-urges-%E2%80%98action%E2%80%99-in-ottawa-meetings-%E2%80%93-national/ Share on other sites More sharing options...
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