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Canadian government supports metallurgy amid US tariffs

Канадское правительство поддерживает металлургию на фоне тарифов США
Justin Trudeau's government is once again providing an aid package for sectors affected by American protectionism. The total cost of the aid is nearly C $ 3 billion.

The steel and aluminum package included both training aids for unemployed workers, support for endangered jobs, and measures to support the reorganization of the subcontractor network, measures to promote diversification of production and the search for new markets.

According to the Hamilton Chamber of Commerce and Industry, there are 10,000 jobs in the steel sector in and around the city. The industry employs 23,000 people nationwide. human. Another 10.5 thousand people are employed in the aluminum production sector. The production value of both of these sectors is nearly $ 9 billion. US Canadian dollars per year.

According to media reports, job losses in the highly developed aluminum and steel sector could occur from next year.

A month ago, the US imposed a 25 percent duty on Canadian steel and a 10 percent duty on Canadian aluminum. Canada is introducing from July 1 this year. own list of customs duties on American products.


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