Stelco in Hamilton Ontario announced today they are closing their automobile sheet plant.
Citing tariffs and also a big drop of shipments to Canadian buyers.
Elbows up, fools !
(actually, leftists have been trying to close Hamilton steel and smelters for years due to CO2 worship)
your article indicates that USA tariff costs nuked both USA demand for Hamilton steel as well as USA demand for Canadian products manufactured from Hamilton steel, a double whammy ...
i expect we’ll be seeing quite a few more of these announcements of Canadian manufacturing folding up as USA markets are lost ...
and of course, there is no way on earth that china is gonna want to import EXPENSIVE Canadian products, particularly products made from chinese steel and aluminum imported by Canada for the purpose of re-export to the USA ...