Canadian Prime Minister Mark Carney announced new tariffs on Chinese steel this week—an aggressive move to defend Canada’s steel manufacturing sector amid rising global trade tensions. The announcement, delivered at Walter Steel in Hamilton, Ontario (Bill’s hometown!) sends a clear message: Canada is ready to stand up for its workers and industries.
In Episode 179 of The Bill Kelly Podcast, Bill unpacks what this decision means for the steel industry, Canadian workers, and the country’s trade relationships. With Hamilton at the heart of the conversation, Bill shares local reaction from industry leaders and workers who’ve long felt the pressure of foreign imports and political inaction. Is Carney’s plan the lifeline the industry has been waiting for? And how will it shape Canada’s economic future?
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This episode was recorded on: July 17, 2025
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CHAPTERS
00:00 Introduction to Economic Challenges in Canada
05:11 Prime Minister Carney's Steel Industry Announcement
10:52 Impact of Tariffs and Trade Agreements
FURTHER READING
Prime Minister Carney announces new measures to protect and strengthen Canada’s steel industry
Carney announces new measures to support steel industry, prevent dumping, amid trade war
Canada introduces tariffs on trade partners to protect domestic industries
Canada to target steel originating from China with new tariffs
https://www.biv.com/news/canada-to-target-steel-originating-from-china-with-new-tariffs-10949451
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