Canadian steel producers are urging the federal government to respond swiftly to the U.S. administration’s decision to double steel import tariffs to 50%. The Canadian Steel Producers Association (CSPA) warns that this move could severely disrupt the integrated steel supply chains between the two countries.
CSPA President Catherine Cobden emphasized that the increased tariffs effectively close the U.S. market to Canadian steel, jeopardizing thousands of jobs and the industry’s viability. She called for the immediate reinstatement of reciprocal tariffs and additional measures to counteract the impact.
The Canadian government is considering various options to protect its steel industry, including potential retaliatory tariffs and trade negotiations. Industry stakeholders stress the urgency of the situation, highlighting the need for decisive action to safeguard national economic interests.
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