Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canada slashes steel imports and boosts support for industries amid U.S. trade tensions.

flag Prime Minister Mark Carney is set to announce new measures to protect Canada’s steel and softwood lumber industries amid ongoing U.S. trade tensions. flag The government will reduce steel import limits from non-free-trade countries from 50% to 20% of 2024 levels, creating about $854 million in domestic market space. flag Ottawa will also cut interprovincial steel shipping costs by 50% through CN Rail, with federal subsidies if needed. flag Additional support for steel producers, workers, and expanded funding for softwood lumber are expected. flag The moves follow stalled trade talks after a U.S. suspension over Ontario’s anti-tariff ads referencing Ronald Reagan.

62 Articles