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Amid an ongoing trade war with the United States, Prime Minister Mark Carney announced Wednesday new measures to bolster Canada’s steel industry and prevent steel dumping in the Canadian market.
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The global flow of metals and minerals is being significantly impacted by geopolitical tensions and a growing deglobalization trend, according to one expert, who says commodity trading is becoming less efficient and more costly.
Mark Carney says any future trade deal with the United States could include “some element of managed trade,” including quotas, on softwood lumber exports.
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