With half of Canada’s $15 billion steel production being exported to the U.S., newly announced tariffs will make a significant dent in the industry, warns the director of the McMaster Steel Research Centre.
Canada needs to ensure it remains useful to the U.S. and market itself effectively, Will Huggins says, because steep tariffs are likely to set off a cycle of unemployment and hardship.
After decades of integrated North American automotive supply chain operation, Canadian auto production —and employment — faces a bleak future, Mordue warns.
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