OTTAWA — The Carney government will announce new measures Wednesday to restrict foreign steel imports and bolster Canadian steel producers facing financial damage due to the U.S. tariff war.
As U.S. President Donald Trump’s 50 per cent import duties continue to pummel Canadian steel and aluminum products, Prime Minister Mark Carney is set to unveil more relief for the domestic steel sector.
The measures will include new restrictions on steel imports from countries that don’t have a free-trade agreement with Canada, lowering their share of imports from 50 per cent to 20 per cent, according to a senior government official.
That move is expected to allow Canadian steel producers to step in and take up market space worth about $854 million, said the source, who spoke on condition they not b

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