The Globe and Mail reports in its Tuesday edition that President Donald Trump says he believes he will soon strike a trade agreement with Canada.
The Globe's Steven Chase and Niall McGee write that this previously announced escalation of the U.S.-Canada trade war will bar some Canadian alcoholic beverages, motorcycles and other products at 12:01 a.m. on Tuesday.
Mr. Trump, speaking to reporters at the White House on Monday, said, "They're going to come in, and they're going to say, 'Sir, we are sorry.'"
He spoke after unveiling plans for a massive steel plant in Iowa -- representing what the White House said would amount to an $18-billion (U.S.) investment that would create more than 1,700 long-term jobs. Mr. Trump touted this as evidence that his protectionist trade policy is forcing manufacturing to relocate back to the United States.
The same day, Stelco Holdings announced it will lay off hundreds of steel workers in Southern Ontario as it shuts down a major part of its Hamilton plant, saying this is a necessary move to survive in the face of U.S. tariffs. Mr. Trump has imposed 50-per-cent levies on steel from Canada.
Stelco is shutting down its cold-rolled and coated operations at Hamilton Works.
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