Canada announces new support for lumber, steel industries hit by tariffs
NeutralWorld Affairs
- The Canadian government has announced new support measures for the lumber and steel industries, which have been adversely affected by tariffs imposed by the United States. This initiative comes amid stalled trade negotiations between Ottawa and Washington, highlighting ongoing tensions in trade relations.
- The support plan aims to provide financial assistance to lumber producers and implement stricter quotas on foreign steel imports, which is crucial for sustaining these sectors that are facing significant challenges due to the tariffs.
- This development reflects a broader strategy by Canada to navigate the complexities of its trade relationship with the U.S., particularly as Prime Minister Mark Carney prepares for a visit to Washington, indicating a potential shift in approach amidst ongoing trade disputes.
— via World Pulse Now AI Editorial System



