Latest news with #AluminumIndustry
CTV News
4 days ago
- Business
- CTV News
Joly commits to prioritizing Canadian steel, aluminum for defence, infrastructure
Jean Simard, president and CEO of the Aluminium Association of Canada, centre, looks on as Industry Minister Mélanie Joly speaks to the media after arriving for a meeting in Montreal on Sunday, June 1, 2025. THE CANADIAN PRESS/Graham Hughes OTTAWA — Industry Minister Mélanie Joly says Ottawa is committed to using Canadian steel and aluminum in national infrastructure and defence projects as U.S. President Donald Trump threatens to impose more tariffs. Joly met with aluminum industry leaders at a summit in Montreal on Sunday. Joly says the government is waiting to see if Trump follows through on his threat to increase steel and aluminum tariffs to 50 per cent through an executive order. The United Steelworkers union says it welcomes Joly's announcement. Union national director Marty Warren says his organization will be watching to ensure the federal government follows through on its promise to use Canadian metals. The Liberals campaigned in the recent election on 'maximizing' the use of Canadian steel, aluminum and forestry products in public projects. This report by The Canadian Press was first published June 2, 2025. David Baxter, The Canadian Press
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
Plan For Higher Metal Tariffs Includes Aluminum
President Trump on Friday said that duties on imported aluminum will rise to 50% from the current level of 25%, in line with a planned increase in a levy on steel imports. 'It is my great honor to raise the Tariffs on steel and aluminum from 25% to 50%, effective Wednesday, June 4th,' Trump posted on Truth Social. 'Our steel and aluminum industries are coming back like never before.'
