Latest news with #USW
Global News
7 hours ago
- Business
- Global News
Using Canadian steel for defence, industry is a ‘turning point,' union says
A commitment by the federal government to use Canadian steel and aluminum for major national defence and infrastructure projects could be a 'turning point' for Canada's economy, the union representing steelworkers said Monday. 'The United Steelworkers (USW) welcomes the federal government's decision to require Canadian steel and aluminum in national infrastructure and defense projects,' the union's national director Marty Warren said. The statement comes after Industry Minister Melanie Joly committed to using Canadian steel and aluminum in national infrastructure and defence projects as U.S. President Donald Trump threatens to impose more tariffs. 10:54 Trump 'is not finished with tariffs' After meeting with aluminum industry leaders at a summit in Montreal, Joly said 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. Story continues below advertisement The hike in tariffs is set to go into effect Wednesday. Warren said this action by the Canadian government was especially important 'in the face of a worsening trade war and unfair global competition.' Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy The union, which represents 225,000 members across Canada, called for protections to be put into place for workers impacted by Trump's tariffs. 'We continue to call for stronger trade enforcement, anti-dumping measures, comprehensive reform to Employment Insurance, and the introduction of a wage subsidy program to support workers impacted by this trade war,' Warren said. 1:02 Trump says he will double steel tariffs to 50 per cent The Liberals campaigned in the recent election on 'maximizing' the use of Canadian steel, aluminum and forestry products in public projects. In March, Trump imposed 25 per cent tariffs on steel and aluminum imports to the United States. Canada is the largest steel supplier to the United States, accounting for nearly 25 per cent of all imports in 2023. He threatened to increase those on Saturday. Story continues below advertisement Canadian metal producers are sounding the alarm over Trump's heightened tariff plan. Catherine Cobden, president and CEO of the Canadian Steel Producers Association (CSPA), said the steel industries in Canada and the U.S. are highly integrated and tariffs would hit steel producers on both sides. 'Steel tariffs at this level will create mass disruption and negative consequences across our highly integrated steel supply chains and customers on both sides of the border,' Cobden said in a statement Saturday. 2:06 Canada ponders response to Trump's latest steel tariffs threat The tariff increase will take effect Wednesday, Trump said in a Truth Social post shortly after he announced the new rate for steel imports at a rally with steelworkers in Pennsylvania. 'Our steel and aluminum industries are coming back like never before. This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers,' Trump wrote. Story continues below advertisement Cobden said the move 'essentially closes the U.S. market to our domestic industry for half of its production.' 'It is vital that the Government of Canada responds immediately to fully re-instate retaliatory steel tariffs to match the American tariffs and to implement as quickly as possible new tariffs at our own borders to stop unfairly traded steel from entering Canada,' she said. She said a trade war between Canada and the U.S. would 'have unrecoverable consequences' on the North American steel industry. — with files from The Canadian Press
NDTV
3 days ago
- Business
- NDTV
Trump To Increase Steel Import Tariffs To 50%
US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the American steelmaker and Japan's Nippon Steel. "We're going to bring it from 25 percent to 50 percent, the tariffs on steel into the United States of America, which will even further secure the steel industry," he said. "Nobody's going to get around that," he added in the speech before blue-collar workers in the battleground state that helped deliver his election victory last year. The doubling of levies will take place next week, said the White House in a social media post. Since returning to the presidency in January, Trump has imposed sweeping tariffs on allies and adversaries alike in moves that have rocked the world trade order and roiled financial markets. He has also targeted sector-specific goods including steel, aluminum and automobiles with 25 percent tariffs. On Friday, Trump mounted a defense of his trade policy, arguing that tariffs helped protect the US company. He added that the plant would not exist if he did not also impose duties on metals imports during his first administration. In his speech, Trump stressed as well that despite a recently announced partnership between US Steel and Nippon Steel, "US Steel will continue to be controlled by the USA." He added that there would be no layoffs or outsourcing of jobs due to the deal. A proposed $14.9 billion sale of US Steel to Nippon Steel had previously drawn bipartisan opposition, and former president Joe Biden blocked the deal on national security grounds shortly before leaving office. The terms of the new partnership remain murky, however. The United Steelworkers union (USW) which represents thousands of hourly workers at US Steel facilities, said in a statement Wednesday that the "partnership" announcement "continues to raise more questions than answers." "Nippon still maintains it would only invest in USS facilities if it owned the company outright. We've seen nothing in the reporting to indicate that position has changed," the USW statement added. Trump said previously that US Steel would remain in America with its headquarters to stay in Pittsburgh, adding that the arrangement with Nippon would create at least 70,000 jobs and add $14 billion to the US economy. But union leaders said they had no confirmation of how much of the $14 billion would go towards union-represented sites, if any. Trump had opposed Nippon Steel's takeover plan while on the election campaign trail, but since returning to the presidency, he signaled that he would be open to some form of investment after all.
LeMonde
3 days ago
- Business
- LeMonde
Trump says to double steel tariff to 50%, set to take place next week
US President Donald Trump said Friday that he would double steel import tariffs to 50%, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the American steelmaker and Japan's Nippon Steel. "We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America, which will even further secure the steel industry," he said. "Nobody's going to get around that," he added in the speech before blue-collar workers in the battleground state that helped deliver his election victory last year. The doubling of levies will take place next week, said the White House in a social media post. Since returning to the presidency in January, Trump has imposed sweeping tariffs on allies and adversaries alike in moves that have rocked the world trade order and roiled financial markets. He has also targeted sector-specific goods including steel, aluminum and automobiles with 25% tariffs. On Friday, Trump mounted a defense of his trade policy, arguing that tariffs helped protect the US company. He added that the plant would not exist if he did not also impose duties on metals imports during his first administration. In his speech, Trump stressed as well that despite a recently announced partnership between US Steel and Nippon Steel, "US Steel will continue to be controlled by the USA." He added that there would be no layoffs or outsourcing of jobs due to the deal. 'More questions than answers' A proposed $14.9 billion sale of US Steel to Nippon Steel had previously drawn bipartisan opposition, and former president Joe Biden blocked the deal on national security grounds shortly before leaving office. The terms of the new partnership remain murky, however. The United Steelworkers union (USW), which represents thousands of hourly workers at US Steel facilities, said in a statement Wednesday that the "partnership" announcement "continues to raise more questions than answers." "Nippon still maintains it would only invest in USS facilities if it owned the company outright. We've seen nothing in the reporting to indicate that position has changed," the USW statement added. Trump said previously that US Steel would remain in America with its headquarters to stay in Pittsburgh, adding that the arrangement with Nippon would create at least 70,000 jobs and add $14 billion to the US economy. But union leaders said they had no confirmation of how much of the $14 billion would go towards union-represented sites, if any. Trump had opposed Nippon Steel's takeover plan while on the election campaign trail, but since returning to the presidency, he signaled that he would be open to some form of investment after all.
Yahoo
3 days ago
- Business
- Yahoo
Trump says to double steel tariff to 50%
US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the American steelmaker and Japan's Nippon Steel. "We're going to bring it from 25 percent to 50 percent, the tariffs on steel into the United States of America, which will even further secure the steel industry," he said. "Nobody's going to get around that," he added in the speech before blue-collar workers in the battleground state that helped deliver his election victory last year. The doubling of levies will take place next week, said the White House in a social media post. Since returning to the presidency in January, Trump has imposed sweeping tariffs on allies and adversaries alike in moves that have rocked the world trade order and roiled financial markets. He has also targeted sector-specific goods including steel, aluminum and automobiles with 25 percent tariffs. On Friday, Trump mounted a defense of his trade policy, arguing that tariffs helped protect the US company. He added that the plant would not exist if he did not also impose duties on metals imports during his first administration. In his speech, Trump stressed as well that despite a recently announced partnership between US Steel and Nippon Steel, "US Steel will continue to be controlled by the USA." He added that there would be no layoffs or outsourcing of jobs due to the deal. A proposed $14.9 billion sale of US Steel to Nippon Steel had previously drawn bipartisan opposition, and former president Joe Biden blocked the deal on national security grounds shortly before leaving office. The terms of the new partnership remain murky, however. The United Steelworkers union (USW) which represents thousands of hourly workers at US Steel facilities, said in a statement Wednesday that the "partnership" announcement "continues to raise more questions than answers." "Nippon still maintains it would only invest in USS facilities if it owned the company outright. We've seen nothing in the reporting to indicate that position has changed," the USW statement added. Trump said previously that US Steel would remain in America with its headquarters to stay in Pittsburgh, adding that the arrangement with Nippon would create at least 70,000 jobs and add $14 billion to the US economy. But union leaders said they had no confirmation of how much of the $14 billion would go towards union-represented sites, if any. Trump had opposed Nippon Steel's takeover plan while on the election campaign trail, but since returning to the presidency, he signaled that he would be open to some form of investment after all. bys/aha
Yahoo
3 days ago
- General
- Yahoo
Steelworkers Humanity Fund donates $20,000 to support wildfire relief efforts in Manitoba
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- The Steelworkers Humanity Fund (SHF) is donating $20,000 to support people and communities evacuated due to the recent wildfires in Manitoba. Yesterday, the Manitoba government declared a province-wide state of emergency amid reports of an intensification of the wildfires that have been raging for weeks now. More than 17,000 residents of northern and eastern Manitoba, including the First Nations communities of Pimicikimak and Mathias Colomb and the city of Flin Flon, were ordered to evacuate, in what Premier Wab Kinew described as 'the largest evacuation in many Manitobans' living memory.' Many United Steelworkers (USW) union members in the area have been affected by the evacuation order, including almost all members of USW Locals 7106 and 9338 in Flin Flon. USW Local 7499 members in southeastern Manitoba (Lac du Bonnet) have been forced off work at the local mine for two weeks due to the presence of a nearby fire. The Steelworkers Humanity Fund is responding to the appeal sent by the Canadian Red Cross with a $20,000 donation to support local authorities in assisting those affected by the wildfires with immediate and ongoing relief, including financial assistance, support to evacuees and the communities hosting them, as well as recovery and resilience efforts. 'The Steelworkers Humanity Fund stands in solidarity with the communities affected by the devastating wildfires in Manitoba,' said Marty Warren, SHF President and USW National Director. 'Through our donation to the Canadian Red Cross, we're helping to ensure that immediate relief and long-term recovery efforts reach those who need it most, including our members and their communities. We are proud to support the vital work being done on the ground during this challenging time,' Warren said. Anyone wishing to donate can visit the Red Cross 2025 Manitoba Wildfires Appeal website. Founded in 1985, the Steelworkers Humanity Fund is a registered charitable organization that focuses primarily on development projects and emergency aid in developing countries but also supports Canadian communities. USW members contribute to the fund through clauses negotiated into collective agreements. In some cases, employers make matching contributions to the fund. For further information: Marty Warren, President, Steelworkers Humanity Fund, 416-544-5951Guillaume Charbonneau, Executive Director, Steelworkers Humanity Fund, 416-544-5944, gcharbonneau@ St. Pierre, USW Communications, 647-522-1630, dstpierre@ in to access your portfolio
