50% tariffs could end Canadian steel exports to U.S.

Some Canadian steel companies have lost millions of dollars due to the previously-in-effect 25 per cent tariffs, says Francois Desmarais, a situation that will only get worse with even higher levies. Photo by COLE BURSTON/AFP via Getty Images/Postmedia files

Francois Desmarais, vice-president of Trade & Industry Affairs at Canadian Steel Producers Association , talks with Financial Post’s Larysa Harapyn about the Canadian steel industry’s reaction to Donald Trump’s latest tariff threats .

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