08:30:38 EDT Tue 08 Jul 2025
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Algoma Steel Group Inc
Symbol ASTL
Shares Issued 104,933,802
Close 2025-07-04 C$ 9.47
Market Cap C$ 993,723,105
Recent Sedar Documents

Globe says Toyota, rivals await word from the TACO king

2025-07-07 07:16 ET - In the News

See In the News (C-TOYM) Toyota CDR (CAD Hedged)

The Globe and Mail reports in its Saturday edition that after U.S. President Donald Trump imposed hefty tariffs on dozens of countries in April, then announced a three-month pause, one of his top advisers made a bold prediction: 90 deals in 90 days. The Globe's Mark Rendell writes that the 90 days ends on Wednesday. The idea was that trade partners would trip over one another to offer concessions to the U.S. in order to avoid the threatened "reciprocal" tariffs. However, Mr. Trump has signed only three deals -- two bare-bone trade pacts with Britain and Vietnam and a partial truce with China. Canada was not hit with "reciprocal" tariffs, but is facing sectoral tariffs on steel, aluminum and cars as well as levies on goods that do not comply with continental free trade agreement's rules of origin. While many countries appear to be earnestly engaging with the U.S., there are reasons to slow-walk negotiations. In May, the U.S. Court of International Trade ruled that Mr. Trump's tariffs were illegal, calling into question the basis of Mr. Trump's "reciprocal" tariff plan. That ruling has been stayed until an appeal can be heard, but it may be giving trade negotiators from other countries reason to wait it out.

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