Cleveland-Cliffs' Stelco to lay off hundreds in Hamilton as Carney accuses U.S. owner of betraying Canadian workers
Canadian Prime Minister Mark Carney accused Cleveland-Cliffs of betraying Canadian workers after its subsidiary Stelco announced layoffs of up to 500 employees at its Hamilton, Ontario plant, citing U.S. President Donald Trump's steel tariffs. The accusation highlights the irony that Cleveland-Cliffs' CEO has publicly championed the same tariffs now forcing the company to idle operations.
