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The Canadian government is preparing measures to support the domestic steel industry as it faces pressure from tariffs imposed by the United States.
Officials noted that Canada’s steelmakers are struggling with reduced export competitiveness and rising uncertainties in cross-border trade. The planned support package is aimed at protecting jobs, stabilizing operations, and ensuring the long-term resilience of the sector.
The move comes as part of broader efforts by the government to defend key industries affected by global trade disputes. Canada’s steel sector, a vital contributor to the national economy and infrastructure development, has been particularly exposed to external tariff actions.
Industry representatives have welcomed the proposal, emphasizing that timely intervention is crucial to maintain competitiveness and protect supply chains.
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