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News
Tariffs on jewelry and metals threaten Toronto business’s U.S. sales — again – Winnipeg Free Press
4+ day, 15+ hour ago (912+ words) Winnipeg 17° C, Cloudy with wind TORONTO – When customers in the United States place orders with Toronto jewelry company Suetables, Sue Henderson does something unconventional for a business owner: she asks them if they’re really sure they want to make the…...
U.S. hits Canada with steep tariffs on range of products, including hockey sticks
5+ day, 7+ hour ago (1092+ words) WASHINGTON – President Donald Trump signed orders Monday to hammer certain Canadian products with 50 per cent tariffs, escalating trade tensions with the United States’ northern neighbour. “President Trump took decisive action to hold Canada accountable for its retaliation and discrimination,” United…...
UK nationalizes Chinese-owned British Steel to protect nation’s steelmaking capacity
1+ week, 2+ day ago (229+ words) The Department for Business and Trade announced the move on Thursday, saying it would save thousands of jobs and protect the U.K.’s national interest by ensuring a supply of domestically produced steel for major construction projects and the defense industry....
Steel producers association unhappy with tariff remission program extensions
1+ mon, 1+ week ago (989+ words) OTTAWA – Ottawa’s decision to extend a tariff offset program for some U.S. steel imports fails to encourage domestic manufacturers to diversify away from the United States, the head of the Canadian Steel Producers Association said. The horizontal tariff remissions…...
U.S. Steel pledges up to $2.5 billion in upgrades to Mon Valley Works
1+ mon, 2+ week ago (881+ words) Winnipeg 24° C, Cloudy with wind U.S. Steel plans to invest up to $2.5 billion into upgrades to its Mon Valley Works, which it forecasts will generate $1.7 billion for the state, according to a Monday report from the steelmaking giant. The…...
Trump makes changes to steel, aluminum and copper tariffs
1+ mon, 3+ week ago (359+ words) Winnipeg 23° C, Light rain with wind In an executive order, Trump lowered tariffs on agricultural equipment, including combines and harvesters, and heating, ventilation, and air conditioning (HVAC) systems, to 15% from 25%. He expanded the existing category of industrial equipment that is…...
Algoma Steel would supply material for land vehicles: Hanwha
1+ mon, 3+ week ago (184+ words) Winnipeg 25° C, Light rain with wind OTTAWA – South Korean defence firm Hanwha says it has reached a deal with Algoma Steel to supply military-grade steel for the possible manufacturing of land defence vehicles in Canada. Hanwha said in April it…...
Tariff-hit industries struggling as trade war drags into second year
4+ mon, 1+ day ago (1008+ words) Winnipeg -7° C, Partly cloudy with wind TORONTO – From rolled steel to kitchen cabinets, Canadian businesses hit by targeted U.S. tariffs are struggling to respond as the trade war drags into its second year. Take Daniel Drapeau, CEO of Quebec-based…...
Carney to meet with cabinet in Quebec City before Parliament resumes
6+ mon, 4+ day ago (545+ words) Winnipeg -26° C, Windy OTTAWA – Prime Minister Mark Carney is headed to Quebec City on Thursday for two days of private meetings with his cabinet to prepare for Parliament’s return next week. The cabinet retreat begins the day after Carney returns…...
EU proposes steel industry protections, rattling UK manufacturers
9+ mon, 2+ week ago (694+ words) Winnipeg 5° C, Partly cloudy with wind A proposal to thwart overcapacity The proposal attempts to buttress Europe’s traditional steel manufacturers by imposing trade barriers to stem the flooding of Europe’s markets with imports diverted by those high American tariffs. Steel…...