Algoma Steel Seeking Federal Support Amid Ongoing Concern over U.S. Tariffs

EU fails to reduce 50% steel tariff in outline trade deal with US

Bloc’s steel exporters face ‘catastrophic’ levy – twice the rate for the UKBusiness live – latest updatesThe latest proposal for a trade agreement between the EU and the US does not include a removal or reduction of the punitive 50% tariff Donald Trump imposed on steel imports, it has emerged.It is a big setback for the industry in the EU which last month warned it faced being wiped out by the 50% rate, high energy costs and cheap Chinese compet…

Algoma Steel asks Ottawa for $500M over U.S. tariff uncertainty

The company says in a press release it remains concerned with the "significant impact" that U.S. tariffs are having on its operations and outlook.

Algoma Steel seeking federal support amid ongoing concern over U.S. tariffs

SAULT STE. MARIE -- Algoma Steel says it is seeking $500 million in federal support as the company faces continued uncertainty from U.S. tariffs on Canadian steel.

Algoma Steel seeking federal support amid ongoing concern over U.S. tariffs

SAULT STE. MARIE — Algoma Steel says it is seeking $500 million in federal support as the company faces continued uncertainty from U.S. tariffs on Canadian steel. The Sault Ste. Marie, Ont.

Algoma Steel seeking federal support amid ongoing concern over U.S. tariffs

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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs

The European Union is the leading producer, consumer and exporter of olive oil.