Canada will reduce the amount of foreign steel that importers can bring in tariff-free, a move to help domestic producers suffering from US President Donald Trump’s levies on the sector.

President Trump announced a slew of tariffs on imports last week, with a proposed 35% tariff on Canadian goods, including in the automotive sector, which could deeply affect American drivers. Trump announced the tariffs on Truth Social with screenshots of a letter sent to Canada’s prime minister,

Canadian Prime Minister Mark Carney on Wednesday said that Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.

Prime Minister announces package that includes caps on imported steel, prioritizing use of Canadian steel in government procurement, and $70 million to help steel workers get retrained.

The president and CEO of the Canadian Vehicle Manufacturers' Association (CVMA) says new tariffs threatened by U.S. President Donald Trump could devastate cities like Windsor if they become a reality.

The pause on many tariffs was supposed to end this week, but it didn't. Get the inside scoop on tariffs and what they mean for your budget.

Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.