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Podcast: Closer Look
Episode: Canada’s steel industry is fighting for its life
Description: Prime Minister Mark Carney announced new measures this week to help support Canada’s struggling steel industry, which has been battered in recent months by Donald Trump’s trade war.The changes include restricting and reducing the amount of foreign steel imports — especially from China, which is notorious for illegally flooding the Canadian market with cheap steel — and prioritizing made-in-Canada steel for major domestic projects.Although welcome news, the industry is still bracing for the next big announcement: whether President Trump will lower the current tariff on steel imported to the United States...