Latest news with #CanadianSteelProducersAssociation
Calgary Herald
19 hours ago
- Business
- Calgary Herald
Carney announces new measures to protect Canada's steel and aluminum industries
Prime Minister Mark Carney on Thursday announced Canada will adopt new tariffs on foreign steel and aluminum, in addition to other measures to protect domestic industries in response to United States tariffs that are disrupting global trade. Article content One new measure will limit the amount of foreign steel coming into Canada, while another will change federal government procurement policies to favour the use of Canadian steel and aluminum. Article content Article content 'We must reinforce our strength at home and safeguard Canadian workers and businesses from the unjust U.S. tariffs that exist at present,' Carney said at a press conference. Article content Article content On June 5, U.S. President Donald Trump increased tariffs on all foreign steel to 50 per cent from 25 per cent. Article content Although the U.S. tariffs affected all countries, Carney said one of their consequences is that steel that other countries would have sent into the U.S. may be diverted into Canada. Article content One of the new measures he introduced will establish a 'tariff rate quota,' which will limit the amount of steel a foreign country can export to Canada based on how much it exported in 2024. Article content Article content The Canadian Steel Producers Association, a lobbying group for the country's largest steel producers, has spent months arguing that U.S. tariffs will flood Canada with other countries' steel, thereby depressing steel prices here just when they are trying to increase their sales in the domestic market. Article content Article content Two weeks ago, the organization's board members travelled to Ottawa for a meeting with Carney's top cabinet ministers and pushed for counter tariffs on U.S. steel, as well as more tariffs on foreign steel coming into Canada. Article content 'It is clear that the government is seized with the gravity of the situation facing Canadian steel and understands the need for expediency in responding,' Catherine Cobden, chief executive of the CBSA, said in a press release on June 6. Article content So far, the federal government has stopped short of imposing additional tariffs on either steel or aluminum, but it said it 'will adopt additional tariff measures over the coming weeks to address risks associated with persistent global overcapacity and unfair trade in the steel and aluminum sectors, which are exacerbated by U.S. actions.'
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Steel industry groups say Carney's retaliatory plan for U.S. tariffs ‘falls short'
OTTAWA - The Canadian Steel Producers Association and United Steelworkers Union are panning Prime Minister Mark Carney's response to U.S. President Donald Trump's punishing tariffs. Their response came hours after Carney announced a tariff countermeasure plan Thursday that includes retaliation against Trump's steel and aluminum tariffs a month from now — depending on how much progress the two world leaders make in their trade discussions. The two steel organizations issued a joint statement late Thursday saying Carney's plan 'falls short of what the industry needs at this most challenging time.' 'We will continue to review the details of the measures and work constructively with the federal government to get a plan that works for Canadian steel producers and the thousands of workers that make up our sector,' Catherine Cobden of the steel industry association and Marty Warren, the union's national director, said in the joint statement. Carney said that while he and Trump are pursuing a deal to end tariffs within the next 30 days, Canadian counter-tariffs will be adjusted on July 21 to 'levels consistent with progress made in the broader trading agreement with the U.S.' 'We must reinforce our strength at home and safeguard Canadian workers and businesses from the unjust U.S. tariffs,' Carney told a press conference on Parliament Hill following a federal cabinet meeting. The announcement came just a few hours before Canadian steel industry representatives were set to publicly call on the government to take immediate action in response to the U.S. tariffs. The steel producers instead held off and scrubbed their press conference. Jean Simard, head of the Aluminium Association of Canada, said in a media statement Thursday that the measures Ottawa announced 'strike the right balance.' He said the government needs to carefully balance 'sending a strong signal towards focused and accelerated negotiations and using a measured approach through adaptive counter-tariffs and reciprocal procurement policies.' 'In this rapidly evolving situation, with potentially high financial impacts due to uncontrollable market reactions, we will need and seek agility and speed for government interventions should we reach the 30-day deadline without a positive resolve,' Simard added. Trump imposed his 25 per cent tariff on all steel and aluminum imports in March and Canada responded with 25 per cent counter-tariffs on U.S. steel and aluminum products in March. But Canada has not changed its tariffs yet since Trump increased U.S. tariffs on steel and aluminum to 50 per cent on June 3. The U.S. steel and aluminum tariffs apply to the entire world, not just Canada, which has led to concerns about dumping — foreign companies flooding the market with products priced far below the prices domestic firms can charge. Trump's escalating tariff war has slammed demand and prices for Canadian steel, prompting layoffs and leaving the industry worried about its future. Ottawa also plans to introduce rules on June 30 that will limit federal procurement to using steel and aluminum from Canada and 'reliable trading partners.' The Carney government will also set new tariff rate quotas of 100 per cent of 2024 levels on imports of steel products from non-free trade agreement partners. NDP Leader Don Davies said in a media statement Thursday that the Liberal government is only taking baby steps to address the crisis. He called for an emergency response plan packed with supports for workers. 'They're taking one small step after another, which won't make a meaningful difference and will ultimately cost many workers their jobs,' Davies said. Two weeks ago, when Trump increased the tariff rate, the Canadian Steel Producers Association — whose members include Algoma Steel, ArcelorMittal, Rio Tinto and Tenaris — immediately called on Carney to hit back with new tariffs and warned that Canada was being edged out of the U.S. market. They met with Industry Minister Mélanie Joly, who said on June 4 the government 'will take a decision but we need a bit more time right now — not too long.' Just before the cabinet meeting on Thursday, Joly acknowledged that the U.S. tariffs have left Canada's steel and aluminum industries in a state of emergency. 'We know that the Canadian steel and aluminum workers are very anxious and they want us to come up with a solution really, really quickly,' she said. The prime minister also announced Thursday the creation of two separate task forces for steel and aluminum that will meet to monitor the situation and advise the government. This report by The Canadian Press was first published June 19, 2025.
Vancouver Sun
a day ago
- Business
- Vancouver Sun
Canada to retaliate against U.S. steel, aluminum tariffs if Carney, Trump can't reach deal
OTTAWA — The Canadian Steel Producers Association and United Steelworkers Union are panning Prime Minister Mark Carney's response to U.S. President Donald Trump's punishing tariffs. Their response came hours after Carney announced a tariff countermeasure plan Thursday that includes retaliation against Trump's steel and aluminum tariffs a month from now — depending on how much progress the two world leaders make in their trade discussions. The two steel organizations issued a joint statement late Thursday saying Carney's plan 'falls short of what the industry needs at this most challenging time.' Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. 'We will continue to review the details of the measures and work constructively with the federal government to get a plan that works for Canadian steel producers and the thousands of workers that make up our sector,' Catherine Cobden of the steel industry association and Marty Warren, the union's national director, said in the joint statement. Carney said that while he and Trump are pursuing a deal to end tariffs within the next 30 days, Canadian counter-tariffs will be adjusted on July 21 to 'levels consistent with progress made in the broader trading agreement with the U.S.' 'We must reinforce our strength at home and safeguard Canadian workers and businesses from the unjust U.S. tariffs,' Carney told a press conference on Parliament Hill following a federal cabinet meeting. The announcement came just a few hours before Canadian steel industry representatives were set to publicly call on the government to take immediate action in response to the U.S. tariffs. The steel producers instead held off and scrubbed their press conference. Jean Simard, head of the Aluminium Association of Canada, said in a media statement Thursday that the measures Ottawa announced 'strike the right balance.' He said the government needs to carefully balance 'sending a strong signal towards focused and accelerated negotiations and using a measured approach through adaptive counter-tariffs and reciprocal procurement policies.' 'In this rapidly evolving situation, with potentially high financial impacts due to uncontrollable market reactions, we will need and seek agility and speed for government interventions should we reach the 30-day deadline without a positive resolve,' Simard added. Trump imposed his 25 per cent tariff on all steel and aluminum imports in March and Canada responded with 25 per cent counter-tariffs on U.S. steel and aluminum products in March. But Canada has not changed its tariffs yet since Trump increased U.S. tariffs on steel and aluminum to 50 per cent on June 3. The U.S. steel and aluminum tariffs apply to the entire world, not just Canada, which has led to concerns about dumping _ foreign companies flooding the market with products priced far below the prices domestic firms can charge. Trump's escalating tariff war has slammed demand and prices for Canadian steel, prompting layoffs and leaving the industry worried about its future. Ottawa also plans to introduce rules on June 30 that will limit federal procurement to using steel and aluminum from Canada and 'reliable trading partners.' The Carney government will also set new tariff rate quotas of 100 per cent of 2024 levels on imports of steel products from non-free trade agreement partners. NDP Leader Don Davies said in a media statement Thursday that the Liberal government is only taking baby steps to address the crisis. He called for an emergency response plan packed with supports for workers. 'They're taking one small step after another, which won't make a meaningful difference and will ultimately cost many workers their jobs,' Davies said. Two weeks ago, when Trump increased the tariff rate, the Canadian Steel Producers Association — whose members include Algoma Steel, ArcelorMittal, Rio Tinto and Tenaris — immediately called on Carney to hit back with new tariffs and warned that Canada was being edged out of the U.S. market. They met with Industry Minister Melanie Joly, who said on June 4 the government 'will take a decision but we need a bit more time right now — not too long.' Just before the cabinet meeting on Thursday, Joly acknowledged that the U.S. tariffs have left Canada's steel and aluminum industries in a state of emergency. 'We know that the Canadian steel and aluminum workers are very anxious and they want us to come up with a solution really, really quickly,' she said. The prime minister also announced Thursday the creation of two separate task forces for steel and aluminum that will meet to monitor the situation and advise the government. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our politics newsletter, First Reading, here .
Edmonton Journal
a day ago
- Business
- Edmonton Journal
Canada to retaliate against U.S. steel, aluminum tariffs if Carney, Trump can't reach deal
Article content The Carney government will also set new tariff rate quotas of 100 per cent of 2024 levels on imports of steel products from non-free trade agreement partners. NDP Leader Don Davies said in a media statement Thursday that the Liberal government is only taking baby steps to address the crisis. He called for an emergency response plan packed with supports for workers. 'They're taking one small step after another, which won't make a meaningful difference and will ultimately cost many workers their jobs,' Davies said. Two weeks ago, when Trump increased the tariff rate, the Canadian Steel Producers Association — whose members include Algoma Steel, ArcelorMittal, Rio Tinto and Tenaris — immediately called on Carney to hit back with new tariffs and warned that Canada was being edged out of the U.S. market. They met with Industry Minister Melanie Joly, who said on June 4 the government 'will take a decision but we need a bit more time right now — not too long.'
Cision Canada
a day ago
- Business
- Cision Canada
Canadian Steel Producers and United Steelworkers Union React to Government's Plan for Steel Industry
OTTAWA, ON, June 19, 2025 /CNW/ - Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA) and , National Director for Canada, United Steelworkers Union (USW) issued the following statement: Our initial reaction to the Government of Canada's plan, announced today, is that it falls short of what our industry needs at this most challenging time. We will continue to review the details of the measures and work constructively with the federal government to get a plan that works for Canadian steel producers and the thousands of workers that make up our sector. About the Canadian Steel Producers Association The Canadian Steel Producers Association (CSPA) is the national voice of all primary steel producers and some of the country's largest steel consumers. Our 17 members supply the essential materials to key sectors such as automotive, energy, construction, and transportation—driving jobs and economic growth across North America. The CSPA advocates for a competitive and sustainable business environment that strengthens the steel sector and its supply chains. About the United Steelworkers union The USW represents 225,000 members in nearly every economic sector across Canada and is the largest private-sector union in North America, with 850,000 members in Canada, the United States and the Caribbean. Each year, thousands of workers choose to join the USW because of the union's strong track record in creating healthier, safer and more respectful workplaces and negotiating better working conditions and fairer compensation – including good wages, benefits and pensions.
