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Cleveland-Cliffs CEO pushes to maintain steel tariffs on Canada despite halted exports and job cuts.
Cleveland-Cliffs CEO Lourenco Goncalves urged U.S. lawmakers to keep steel tariffs on Canada, calling it a “very problematic” trade partner and supporting the potential end of the USMCA trade deal.
He argued tariffs are vital for protecting American manufacturing and keeping steel production in the U.S., despite Stelco halting U.S. exports since mid-2025 and Cleveland-Cliffs laying off nearly 2,000 workers.
His comments drew criticism from Canadian steelworkers and leaders, including Hamilton’s Keanin Loomis, who questioned his motives.
Ontario Premier Doug Ford also criticized Goncalves, suggesting Stelco should be provincial-owned.
Neither company commented.
El CEO de Cleveland-Cliffs presiona para mantener los aranceles de acero en Canadá a pesar de las exportaciones detenidas y los recortes de empleos.