Canada tightens steel import tariffs, slashing tariff-free access by 50%. New measures aim to boost domestic production and counter US and China impacts.

Investopedia is tracking the prices of toasters, tomatoes and toilet paper—our 3T Survey—for a snapshot of how tariffs are working their way through the economy.

Canada introduced limits on how much foreign steel produced in countries other than the U.S. and Mexico can be imported to help a domestic sector reeling from President Trump’s tariffs.

Prime Minister Mark Carney on Wednesday said 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.

Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.

An Indian trade delegation has also reached Washington for fresh talks on a trade deal with the United States.

Live Updates Live Coverage Updates appear automatically as they are published. Rivian Run off Road 9:43 am Back to the bad news. Guggenheim analyst Ronald Jewsikow downgraded Rivian Automotive (Nasdaq: RIVN) to neutral this morning on “softer long-term R2/R3 assumptions driven by both softer R1 sales and negative US Electric Vehicle and Emissions policy changes.

A NITI Aayog report indicates that higher US tariffs on countries like China and Mexico could give Indian exporters a competitive advantage in sectors such as pharmaceuticals and textiles. India is poised to gain in a significant number of trade categories,