Canada Steel Firms Say Weak Tariff Response Risks Wider Layoffs
A group of Canadian steel producers said the government's plan to restrict foreign steel imports isn't strong enough and warned that the industry is set to shed thousands more jobs because of US tariffs.
Prime Minister Mark Carney's government introduced new tariff-rate quotas last week to limit imports of steel and said it may adjust tariffs on US steel products on July 21, depending on the status of trade talks with the Trump administration.
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New York Post
13 minutes ago
- New York Post
Inside the campaign to find a new Republican to run against Mamdani
Prominent donors are gunning to get Republican mayoral nominee Curtis Sliwa a job in the Trump Administration in hopes of pushing him out of New York City's mayoral race, sources told me. The aim is to open up the GOP nomination — and the nearly 30% of the vote someone running in that lane is expected to get — for current mayor Eric Adams. At present, the mayor is running for re-election as an independent — sandwiched in between Sliwa on the right and Zohran Mamdani on the (ultra-far) left. My sources said Adams, who recently struck a deal with the Trump Administration to clear himself of charges leveled by the DOJ, is open to running as a Republican, but it hinges on a rather complicated chain of events. 4 Curtis Sliwa, 71, ran as the Republican nominee in 2021 and won 27.8% of the vote. Advertisement Sliwa would have to leave the state to open up the slot, and then Republican borough leaders — city council members and the only Republican borough president, Staten Island's Vito Fossella — would need to anoint Adams. Getting Sliwa a top job in Washington, D.C. would be one way — the only way some sources think — to make sure he leaves the state. My sources believe the scheme wouldn't come across as undemocratic given that Sliwa was the only choice in the Republican primary. 4 Eric Adams is running for re-election as an independent — sandwiched in between Sliwa on the right and Zohran Mamdani on the (ultra-far) left. Michael Nagle The 71-year-old ran as the Republican nominee in 2021 and won 27.8% of the vote. That wasn't enough to win a plurality let alone a majority, but if his supporters were to rally behind Adams in November, it could be enough to keep the mayor in Gracie Mansion. Advertisement Of course, it all hinges on President Trump's willingness to extend an olive branch to Sliwa (and by extension New York City) and Sliwa's willingness to take it. 'Curtis has to make a decision of conscience. How much does he love his city as opposed to running for office?' longtime Democratic strategist Hank Sheinkopf, who is vehemently against Mamdani, told me. 4 Eric Adams moving to the Republican ticket would give him votes from the right and the center. Getty Images Sliwa voted for Trump in 2024, but has previously called him 'a screwball and a crackpot.' He also briefly left the Republican party in 2020 and has stated he didn't vote for Trump in that election. Advertisement It is unclear what kind of job could woo Sliwa to Washington. As of now, my sources said he remains hell bent on staying in the race even if it means spoiling it for Adams and ushering in a socialist. (Adams and Sliwa did not respond to requests for comment.) One other consideration? The 30-year contract Sliwa has with WABC for his radio show. But WABC owner John Catsimatidis — who owns the radio station through his Red Apple Media — told me that will not be an issue. 4 Pro-business leaders are trying to rally around one candidate to defeat socialist Zohran Mamdani. Kyle Mazza/NurPhoto/Shutterstock Advertisement 'If he was nominated to a great position, how could I hold him back?' Adams, who saw support among the business community wane as Cuomo appeared poised to nab the Democratic primary, has picked up momentum since Tuesday as business leaders fret Mamdani could win. He's been working overtime the last few days trying to win back support and is exploring launching additional PACs to raise additional money. This story is part of NYNext, an indispensable insider insight into the innovations, moonshots and political chess moves that matter most to NYC's power players (and those who aspire to be). This wouldn't be the first time a candidate switched his registration to win an election. Bloomberg left the crowded Democratic field in 2001, nabbed the Republican nomination and went on to win the general election. Adams has already shown a willingness to engage with Republicans, appearing on 'Fox & Friends' earlier this week to express concerns about the possibility of Mamdani winning the primary. He's also working with the Trump Administration when it comes to letting ICE do its job by arresting illegals in NYC. Sheinkopf is cautiously optimistic that it could all work for Adams. Advertisement 'In the last 55 years, only two incumbent first term mayors have been defeated … Abe Beams and David Dinkins and he's not either,' he told me. 'Adams can win by putting together the coalition that elected him last time — the business people and the people who create the jobs.' Send NYNext a tip: nynextlydia@
Bloomberg
38 minutes ago
- Bloomberg
Apollo's Zelter on Fed, Dollar US Exceptionalism
Apollo Global Management President Jim Zelter talks about President Donald Trump possibly naming his next pick early for Federal Reserve Chair, the US deficit, strength of the dollar and US exceptionalism. He is on "Bloomberg Surveillance." (Source: Bloomberg)
Yahoo
42 minutes ago
- Yahoo
Canadian dies while in ICE custody in Florida, U.S. agency says
A Canadian citizen died while in custody of U.S. Immigration and Customs Enforcement earlier this week, the agency says. Johnny Noviello, 49, died in a detention centre in Florida on Monday, an ICE news release says. The cause of death is unknown and is under investigation, according to the release. Despite having Canadian citizenship, the man had been in the U.S. since 1988 and became a lawful permanent resident in 1991, the release says. In 2023, he was convicted of a number of offences — including racketeering and drug trafficking — and had been sentenced to 12 months in prison. ICE agents arrested the man in May and he was being detained "pending removal proceedings," the agency's news release said. CBC News has reached out to Global Affairs Canada for comment. The man's death comes as ICE agents have been making sweeping arrests across the United States. Earlier this year, U.S. President Donald Trump issued a raft of executive orders that aim to clamp down on illegal immigration and advance his goal of deporting millions of immigrants in the U.S. illegally. Stephen Miller, White House deputy chief of staff and the main architect of Trump's immigration policies, has pushed ICE to aim for at least 3,000 arrests a day, up from about 650 a day during the first five months of Trump's second term. Trump himself has called on ICE officials "to do all in their power to achieve the very important goal of delivering the single largest mass deportation program in history."
