Algoma Steel's Workforce Hit by Trade Turmoil

Algoma Steel has laid off 20 employees following threats from former President Donald Trump to impose tariffs. The Toronto Star reports on the impact of political decisions on the company's workforce and the wider trade implications.

In a significant move reflecting the turbulence in international trade, Algoma Steel has laid off 20 employees. This decision comes in response to threats from former President Donald Trump regarding new tariffs.

The layoffs highlight economic vulnerabilities faced by Canadian companies amid fluctuating trade policies. Algoma's decision underscores broader concerns in the manufacturing sector.

As global markets react to political signals, companies like Algoma Steel are left grappling with the direct effects of such uncertainties. The workforce reduction is a stark reminder of the intricate links between politics and local economies.

(With inputs from agencies.)