Canada

Eh, you could add some additional context -- like "they're doing it in a way that's technically allowed by the agreement the Canadian government setup, when the government handed them a bunch of taxpayer bailout money."

It's sorta like how Cameco dodged an absurd amount of tax by shipping ore out of the country before selling it on the market. It let them claim practically zero taxable profit -- the CRA took em to court to try and get the tax revenue, but the courts said "Nah, technically its allowed by the govts own laws". Cameco still gets cherry picked for deals by the Liberals, they were the primary beneficiary of Carney's recent India trade trip.

Based on the Canadian govts track record, they'll either bumble this a few more times in the media before trying to let it quietly disappear, or they'll 'fix' the situation by somehow outsourcing it to another American org. They'll prolly also get sued by the stelco guy for defamation or some such shit, and end up having to pay him millions of dollars more out of the tax payer purse.

He's also an outright MAGAt who's just fine with the tarriffs and apparently can't telll the difference between Canada and China. Makes you wonder why he bought Stelco at all, since he clearly doesn't want it.

Time to get nationalizing. Buy it forcibly for exactly what they paid for it, minus any government money they took.

There is more to it than just the US/Canada Tarrif war. Stelco used to supply a ton of steel stampings to the Canadian locations of all the automotive brands operating, but as they pull out of Canada so it affects the supply chains

Much better take.