Trump bans $1B in Canadian goods as Stelco cuts jobs

New U.S. import bans are shutting nearly US$1 billion in Canadian goods out of the American market as Stelco prepares to cut jobs amid the escalating trade fight.

Source: X (edited with AI)

A new wave of U.S. import bans took effect Tuesday, blocking nearly US$1 billion in Canadian goods as trade tensions escalate.

The restrictions target Canadian alcohol, dairy products, molasses and certain motorcycles, while other exports face tariffs as high as 50 per cent.

The bans cover roughly US$967 million in Canadian impor…