Canadian PM Carney has announced new steps to limit the flow of cheap foreign steel into Canada, aiming to protect local producers hit by US tariffs, emphasising that stricter import quotas and higher

Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.

Prime Minister Mark Carney says a fundamental shift in global steel markets will affect Canada more than many other countries because we rely more heavily on imports. He says there will be new tariffs on foreign imports over set quotas,