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Mario Nawfal @MarioNawfal on x 2.3M followers
Created: 2025-07-16 22:00:03 UTC
🇨🇦 CHINA-LINKED STEEL JUST GOT SLAPPED IN CANADA - TRUMP STYLE
Prime Minister Mark Carney is dropping tariffs like it’s hot, adding a XX% tax on steel that has anything to do with China (even if it was just melted there).
If your country has a trade deal with Canada, congrats! You still don’t get a free pass, unless you’re the U.S.
Why? Because Canada’s steel companies are mad that cheap steel keeps flooding in and wrecking their business, especially now that Trump jacked up U.S. tariffs.
Carney even threw in a C$1B boost for Canadian steelmakers and promised to give them government contracts.
Basically, Canada just copied Trump’s playbook, but changed a few words so it wouldn’t look too obvious.
Source: Reuters
XXXXXXX engagements
Related Topics trade deal mexico brazil countries china tax bracket tariffs prime minister