The Canadian Steel Producers Association (CSPA) has called on the incoming federal government to urgently implement measures to counter trade attacks from U.S. President Donald Trump. They urged the government to do everything possible to prevent dumping and subsidized steel imports that harm the national industry. According to them,
This is reported by Бізнес • Медіа
«On March 12, the Trump administration imposed a 25 percent tariff on Canadian steel and also applied additional tariffs in many other sectors reliant on imports.»
The Threat of Trade Tariffs and Their Impact on Canada’s Steel Industry
Restrictive measures from the U.S. have already begun to affect the Canadian steel sector. According to association representatives, such actions could significantly worsen the crisis in an industry that is already facing high competition in the global market.
Canadian steelmakers are urging the government to intensify diplomatic efforts to repeal or revise these tariffs and take measures to support the domestic industry. They emphasize that protecting the domestic market is critically important for preserving jobs and the stability of the country’s economy.