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News about steel industry: events, facts and developments on tafs uz.

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Canada allocates $6.2 billion to protect steel and auto industries from US tariffs

Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford unveiled a $6.2 billion aid package: $3.7 billion for steelmakers and $1.8 billion for automakers. The announcement coincided with layoffs at the Cleveland-Cliffs plant in Hamilton. The US Embassy accused Canadian politicians of influencing the midterm elections — both sides rejected the claims.

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