
Canada will introduce new measures to defend its steel industry against the impact of tariffs. Prime Minister Mark Carney announced the implementation of the plan proposed a month ago, during a visit to Hamilton-based steel fabricator Walter’s Group.
"This is about protecting Canadian jobs and standing up for fair trade," Carney said per CPAC, adding that more than 90% of Canada's steel exports currently go to the U.S.—a concentration he called "unsustainable."