PM C:Canadian govt .is considering additional counter-tariffs in response to U.S

Started by bosman, 2025-06-05 08:03

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Prime Minister Mark Carney has indicated that Canada is considering imposing additional counter-tariffs on the U.S. in response to President Donald Trump's latest move to impose 50% tariffs on Canadian steel and aluminum exports.
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Carney called the tariffs unjustified and illegal, stating that they are detrimental to both American and Canadian industries. Over 90% of Canada's steel and aluminum exports go to the U.S., according to 2024 federal government statistics.

The Canadian government is currently in intense negotiations with the U.S. regarding the trading relationship and is weighing its options for retaliation without causing further damage to the already strained relationship. Industry leaders and workers are urging the government to take swift and decisive action to support the steel and aluminum sectors, which have been significantly affected by the tariffs. Meanwhile, opposition parties and affected industries are calling for targeted support measures such as emergency reforms to employment insurance and wage subsidies to mitigate the impact of potential job losses.