Canada implemented new tariffs on steel imports to safeguard its domestic steel industry from unfair trade practices.
These tariffs, impacting various countries but excluding USMCA partners, aim to counter trade diversion caused by global market shifts.
A significant billion-dollar fund will also support Canadian steel projects, boosting domestic production and competitiveness.
Prime Minister Carney's actions address industry concerns and strive to ensure a level playing field for Canadian steel producers.
