U.S. Tariffs Damaging Canadian Steelmakers

ArcelorMittal Dofasco CEO Sean Donnelly told Ottawa lawmakers that U.S. tariffs may force the company to lay off 1,000 workers and reconsider investments totaling $564 million.

During testimony at a special meeting of the House International Trade Committee, Donnelly and other steel manufacturers asked the government to hold firm on retaliatory tariffs against the United States and seek permanent exclusion from the Section 232 tariffs. Donnelly said Canada should not escalate the trade fight, but should set duties that are “reciprocal and proportionate” to force the U.S. to relent on its steel tariffs.