The Impact of U.S. Tariffs on Ontario’s Steel Industry: Challenges and Opportunities
The imposition of U.S. tariffs on steel and aluminum in 2018 under Section 232 of the Trade Expansion Act has had significant consequences for Canada's steel industry, particularly in Ontario. As a major player in North America’s steel production, Ontario's steel sector faces challenges as it navigates the complexities of these tariffs. In this blog, we will explore how the U.S. tariffs have impacted Ontario’s steel industry, from economic consequences to the industry's response, and how companies are adapting to the shifting trade landscape.