Canada announced a $6.2 billion (€5.7 billion) aid package for its steel and auto sectors on Wednesday, as Prime Minister Mark Carney warned that US tariffs have 'upended a trade bargain that's existed for decades.' The plan, unveiled jointly with Ontario Premier Doug Ford, directs $3.7 billion to steelmakers and $1.8 billion to automakers over five years. The announcement came as US-owned Cleveland-Cliffs confirmed layoffs at its Hamilton, Ontario, plant, underscoring the human cost of the dispute.
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Doug Ford
Premier of Ontario