JOURNAL ARTICLE

Cleveland-Cliffs CEO Calls on Canada to Adopt Tariffs on Steel.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Deaux, Joe 3 of 3

Abstract

The article focuses on Cleveland-Cliffs Inc.'s CEO Lourenco Goncalves urging Canadian Prime Minister Mark Carney to impose strict tariffs on steel imports to protect Canada's steel industry. Goncalves, who acquired Stelco, one of Canada's largest steelmakers, attributes the struggles of the Canadian market to foreign imports, while notably excluding American steel from his criticism. He emphasizes the need for Canadian politicians to take decisive action to support local producers, especially as Canada seeks to reduce tariff exemptions for foreign steel imports. Goncalves argues that Canada should prioritize its domestic market by limiting foreign competition. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/07, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:186808665
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