Canada’s steel industry faces severe threats following US President Donald Trump’s decision to double tariffs on steel and aluminum imports to 50%, potentially leading to “catastrophic” job losses and supply chain disruptions. Prime Minister Mark Carney’s recent attempts to mend US-Canada relations have been undermined, as Canadian officials express concerns over the impact on their 23,000 steel jobs and the broader economy. In response, Canada plans retaliatory tariffs on US goods, while Carney asserts the country’s commitment to its sovereignty and ongoing negotiations regarding the US-Mexico-Canada Agreement.
