Canadian Prime Minister Mark Carney accused the U.S. owner of steelmaker Stelco, a subsidiary of Cleveland-Cliffs, of betraying Canadian workers Tuesday after it announced layoffs it attributed in part to U.S. President Donald Trump’s tariffs — tariffs Cleveland-Cliffs’ chief executive has publicly championed.
Carney singled out Cleveland-Cliffs CEO Lourenco Goncalves, noting that he had applauded Trump’s steel tariffs. Goncalves has called the 50% tariffs “a necessary step” to protect U.S. steelmakers.
