US News Today | 2 Min News | The Daily News Now!

Carney: Canada Shifts Trade Focus, Offers Steel Protection


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Canadas Prime Minister Mark Carney announces the end of the close trade relationship with the U.S., citing Trumps tariffs. He reveals that 75% of Canadas exports, including 90% of lumber, aluminum, and steel, go to the U.S., leaving these sectors vulnerable. Ottawa responds with new measures, including reduced steel import quotas, a global tariff on certain steel products, and loan guarantees for the softwood lumber industry. Carney plans to re-engage in trade talks with the U.S. during the FIFA World Cup two thousand twenty-six draw.

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US News Today | 2 Min News | The Daily News Now!By The Daily News Now!