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Canadian Steel Sector’s Mixed Reaction to New Tariff Measures

Steel sector praises new tariff measures, but says more needs to be done

The Canadian steel industry association lauded the new medidas, however, noted disappointments. Links provided to both, Prime Minister Mark Carney and U.S tariffs.

New measures have been announced by the Prime Minister to aid the steel sector. The intention behind the move is detailed in this link.

A focal point of the new announcement includes the tightening of quotas on foreign steel and reduced freight costs.

Talking about the impact of the measures and the condition of the industry, Catherine Cobden, CEO of the Canadian Steel Producers Association, provided some insights.

Cobden further expressed her disappointment with Ottawa’s decision, while discussing tariffs.

Cobden’s sentiments on the federal government’s promise concluded her views on the issue.

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