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-0.000845308537616212 0.0126796280642435 0.00591715976331363 0.0118343195266273 0.0194420963651733 0.00591715976331363 0.00845308537616242 0.0177514792899409
Stock impact report

The Daily Chase: Tariffs and Tiff [BNN Bloomberg (Canada)]

Algoma Steel Group Inc. (ASTL) 
Company Research Source: BNN Bloomberg
imports is now in effect . The tariffs apply to all countries, including Canada, Mexico and Australia, ending previous exemptions granted to preferred U.S. trading partners. The move follows yesterday's back-and-forth, with the U.S. threatening to raise Canadian duties to 50 per cent… then backing off after Ontario Premier Doug Ford suspended a 25 per cent surcharge on electricity exports to the U.S. The European Union has launched countermeasures, with plans to impose its own duties on up to €26 billion worth of American goods. Finance Minister Dominic LeBlanc and Foreign Affairs Minister Mélanie Joly plan to hold a news conference this morning to announce Ottawa's countermeasures. Companies react to tariffs: We are starting to see Canadian companies taking action to respond to the tariff plans south of the border. Yesterday on BNN Bloomberg, Michael Garcia, CEO of Algoma Steel, said his company will likely halt shipments of steel to the United States , as the 25 per cent tariffs t Show less Read more
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