Canada

In the ‘steel city of Canada,’ Trump’s 50% tariff threat generates ‘fear and confusion’

The ongoing tariff threats by U.S. President Donald Trump are causing fear and confusion in Hamilton, Canada, particularly in the steel sector. Frank Crowder, president of United Steel Workers Local 7135, expressed concerns about the impact of these threats on families and the local economy. With approximately 90 per cent of Canada’s steel and aluminum exports going to American companies, the proposed tariffs are a major cause for worry in Hamilton, which is home to about 28,000 advanced manufacturing jobs.

Trump’s latest social media post threatening to make Canada pay a hefty financial price has only added to the uncertainty in the steel city. The ever-evolving tariff controversy has left many in Hamilton on edge, unsure of what the future holds for their livelihoods. The initial promise of 25 per cent tariffs on Canadian steel and aluminum imports was followed by a threat to double the tariffs, further exacerbating the situation.

Premier Doug Ford’s decision to suspend the surcharge on electricity exports to some states after a phone call with the U.S. commerce secretary brought a glimmer of hope to the situation. However, the looming threat of retaliatory measures if the trade war continues is still a cause for concern.

Hamilton Mayor Andrea Horwath highlighted the significant harm that U.S. tariffs on steel and aluminum would have on the city’s economy. With major steel-making companies like Dofasco ArcelorMittal and Stelco located in Hamilton, the potential job losses and economic impact are looming large.

Keanin Loomis, president and CEO of the Canadian Institute of Steel Construction, emphasized the importance of retaliatory measures to pressure Trump to back down from the trade war. The uncertainty caused by Trump’s tariff announcement has already had a negative impact on the U.S. stock market and consumer confidence.

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Mayor Horwath stressed the need for strategies to protect local jobs and industries in Hamilton. The potential $1 billion impact and thousands of jobs at risk in manufacturing and processing workplaces highlight the urgency of finding solutions to support affected workers. The federal government’s $6 billion aid package for businesses impacted by U.S. tariffs and relaxed employment insurance rules are steps in the right direction to provide assistance during these challenging times.

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