Canada’s Prime Minister Mark Carney announced new measures to combat oversupply from foreign steel and aluminum imports, including 100% tariffs on non-US metals and potential adjustments to existing US tariffs following discussions with President Trump. The strategy aims to stabilize the domestic market amid escalating US protectionism, with Canada seeking to bolster its steel and aluminum industries, which are crucial to the economy.
Need More Context? 🔎
The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
Read more