Steel siren builder in Ontario lays off 40 workers over U.S. tariffs

A production association says it’s laying off workers in Ontario in response to U.S. tariffs on Canadian steel and aluminum.

A orator for Tenaris, that manufactures seamless steel pipes, says 40 workers during a company’s indent in Sault Ste. Marie, Ont., will be laid off on Sunday due to changes in a trade market.

David McHattie says a employees were hired during a northern Ontario indent to assistance with increasing direct for a company’s products, including steel pipes.

But months later, a Trump administration imposed a 25 per cent tariff on steel and a 10 per cent tariff on aluminum, that Tenaris says has combined an “unsustainable” market.

The association has operations around a universe and says a marketplace stays capricious as a trade brawl between a United States and Canada continues.

The layoffs come a same day Canada’s retaliatory tariffs on American products come into effect.

Article source: https://www.cbc.ca/news/business/steel-tariffs-u-s-layoffs-ontario-1.4729893?cmp=rss