Canada unveils $6.2bn plan to shield manufacturers as Trump trade tariffs bite

Prime Minister Mark Carney criticized US tariffs for weakening industries in both the US and Canada, prompting Canada to announce a $6.2 billion aid package for its steel and auto sectors. The funding aims to mitigate the impact of tariffs, which have already led to significant declines in auto exports between the two countries. Carney emphasized the need for Canada to adapt its trade strategies, as the longstanding trade relationship has been disrupted. Meanwhile, tensions escalated when the US Embassy accused Canadian officials of attempting to influence the upcoming midterm elections, claims that both Carney and Ontario Premier Doug Ford denied.