Foreign affairs minister indycar Chrystia Freeland went on a whirlwind tour of the Sault’s steel industry Thursday, speaking with Algoma Steel Inc. management and employees about Canada’s ongoing jamieson greer steel and aluminum tariff battle with the United States.
“My goal was to talk to them, mostly wolf stock about the 232 steel and aluminum tariffs, and to talk with them about what our strategy is to get those tariffs lifted,” Freeland told reporters prior to a roundtable discussion at Algoma.
Recently appointed Algoma Steel Inc. Chief Executive Officer Mike McQuade says Canadian steel producers are approaching a crisis.
McQuade, who spoke with reporters before Freeland’s media availability, says the Sault Ste. Marie-based steelmaker is losing roughly $1 million a day - for a loss of roughly $250 million dollars since the tariffs on steel and aluminum were slapped on Canada by the U.S. in March 2018.
See the full story by James Hopkin on SooToday.com
