the latest on tariffs
New $1 billion Business Development Bank of Canada program and $500 million in additional funding for the Regional Tariff Response Initiative
BDC Program - additional $1 BillionAvailable to industries that manufacture and export products containing steel, aluminum or copper. It will support firms that use these metals in a significant way in their production and that have been impacted by the tariffs....
Changes to S. 232 tariffs on metals
On April 2, 2026, President Trump issued a Proclamation, “Strengthening Actions Taken to Adjust Imports of Aluminum, Steel, and Copper into the United States,” under Section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). This proclamation imposes...
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