Hamilton Steel Industry Braces for Doubled Steel Tariffs
Page Nine
Content
Date:
Jun 4, 2025
Category:
U.S. President Donald Trump signed an executive order yesterday to double steel tariffs from 25 to 50 per cent—a move that could deal another major blow to Hamilton’s already struggling steel industry.
Trump says the increase is necessary to safeguard national security and support the American steel sector.
Meanwhile, the Canadian Steel Producers Association warns the decision could bring Canada’s steel industry to a standstill. As the largest supplier of steel to the U.S., Canada now faces steep levies that are expected to hit hard—especially in manufacturing regions and long-standing steel towns like Hamilton.
Hamilton Mayor Andrea Horwath’s office released a statement urging immediate action from all levels of government.
“This is not just about trade, it’s about real people,” the statement reads.
“Hamiltonians working in steel mills, in fabricating and advanced manufacturing, on shop floors, and across our supply chain are now facing a hollowing out of their industry with orders drying up, stalled projects, and real anxiety about what comes next.”
So far, Prime Minister Carney has not announced any new retaliatory measures, instead pointing back to the nearly $60 billion in counter-tariffs introduced in March.
Ontario Premier Doug Ford addressed the situation yesterday, saying it’s “time for Canada to fight back.”
Please note that the information in this blog is for general guidance only and may not always be up to date or accurate. We recommend double-checking details directly with local cities, businesses, or official sources before making any plans.
At Nineside, we believe that local businesses are the heart of every community. Our platform was created with a simple goal: to connect people with the best experiences their cities have to offer. From discovering unique businesses to attending exciting events and festivals, we strive to bring together locals, tourists, and business owners to create a more vibrant, connected world.
AUTHOR
At Nineside, we believe that local businesses are the heart of every community. Our platform was created with a simple goal: to connect people with the best experiences their cities have to offer. From discovering unique businesses to attending exciting events and festivals, we strive to bring together locals, tourists, and business owners to create a more vibrant, connected world.
AUTHOR
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Hamilton Steel Industry Braces for Doubled Steel Tariffs
Page Nine
Content
Date:
Jun 4, 2025
Category:
U.S. President Donald Trump signed an executive order yesterday to double steel tariffs from 25 to 50 per cent—a move that could deal another major blow to Hamilton’s already struggling steel industry.
Trump says the increase is necessary to safeguard national security and support the American steel sector.
Meanwhile, the Canadian Steel Producers Association warns the decision could bring Canada’s steel industry to a standstill. As the largest supplier of steel to the U.S., Canada now faces steep levies that are expected to hit hard—especially in manufacturing regions and long-standing steel towns like Hamilton.
Hamilton Mayor Andrea Horwath’s office released a statement urging immediate action from all levels of government.
“This is not just about trade, it’s about real people,” the statement reads.
“Hamiltonians working in steel mills, in fabricating and advanced manufacturing, on shop floors, and across our supply chain are now facing a hollowing out of their industry with orders drying up, stalled projects, and real anxiety about what comes next.”
So far, Prime Minister Carney has not announced any new retaliatory measures, instead pointing back to the nearly $60 billion in counter-tariffs introduced in March.
Ontario Premier Doug Ford addressed the situation yesterday, saying it’s “time for Canada to fight back.”
Please note that the information in this blog is for general guidance only and may not always be up to date or accurate. We recommend double-checking details directly with local cities, businesses, or official sources before making any plans.
At Nineside, we believe that local businesses are the heart of every community. Our platform was created with a simple goal: to connect people with the best experiences their cities have to offer. From discovering unique businesses to attending exciting events and festivals, we strive to bring together locals, tourists, and business owners to create a more vibrant, connected world.
AUTHOR
At Nineside, we believe that local businesses are the heart of every community. Our platform was created with a simple goal: to connect people with the best experiences their cities have to offer. From discovering unique businesses to attending exciting events and festivals, we strive to bring together locals, tourists, and business owners to create a more vibrant, connected world.
AUTHOR
RELATED POSTs
Hamilton Steel Industry Braces for Doubled Steel Tariffs
Page Nine
News
Date:
Jun 4, 2025
Category:
U.S. President Donald Trump signed an executive order yesterday to double steel tariffs from 25 to 50 per cent—a move that could deal another major blow to Hamilton’s already struggling steel industry.
Trump says the increase is necessary to safeguard national security and support the American steel sector.
Meanwhile, the Canadian Steel Producers Association warns the decision could bring Canada’s steel industry to a standstill. As the largest supplier of steel to the U.S., Canada now faces steep levies that are expected to hit hard—especially in manufacturing regions and long-standing steel towns like Hamilton.
Hamilton Mayor Andrea Horwath’s office released a statement urging immediate action from all levels of government.
“This is not just about trade, it’s about real people,” the statement reads.
“Hamiltonians working in steel mills, in fabricating and advanced manufacturing, on shop floors, and across our supply chain are now facing a hollowing out of their industry with orders drying up, stalled projects, and real anxiety about what comes next.”
So far, Prime Minister Carney has not announced any new retaliatory measures, instead pointing back to the nearly $60 billion in counter-tariffs introduced in March.
Ontario Premier Doug Ford addressed the situation yesterday, saying it’s “time for Canada to fight back.”
Please note that the information in this blog is for general guidance only and may not always be up to date or accurate. We recommend double-checking details directly with local cities, businesses, or official sources before making any plans.
At Nineside, we believe that local businesses are the heart of every community. Our platform was created with a simple goal: to connect people with the best experiences their cities have to offer. From discovering unique businesses to attending exciting events and festivals, we strive to bring together locals, tourists, and business owners to create a more vibrant, connected world.
AUTHOR
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