Today’s newest tariffs are a concerning escalation from the Trump Administration. Canada and the United States have enjoyed more than thirty years of fully integrated trade and the Canadian and U.S. steel industries have benefited from that relationship. The breakdown in negotiations is regrettable.
The current circumstances present uncertainty and distinct challenges for Canada’s steel producers, but no deal is better than a bad deal, and we maintain our confidence in Canada’s negotiating team and their tireless work to land an arrangement that is beneficial to Canadian steel and the Canadian economy.
Read the whole statement from the Canadian Steel Producers Association (CSPA).