07:18:05 EST Wed 11 Nov 2026
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Honda CDR (CAD Hedged)
Symbol HNDA
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Globe says Algoma Steel, others hear Trump's veto looms

2026-11-11 06:38 ET - In the News

See In the News (C-ASTL) Algoma Steel Group Inc

The Globe and Mail reports in its Wednesday edition that Congressional Democrats are planning to use their newly won majority to fight back against tariffs on Canada, cranking up pressure on President Donald Trump over a key policy that helped deliver their blowout victory last week. The Globe's Adrian Morrow writes that whether the Democrats can win over enough Republicans to overcome Mr. Trump's veto, however, remains uncertain. And trade protectionism among some Democrats themselves leaves it unclear how far the party will go in its bid to thwart a central piece of the President's agenda. Chuck Schumer, the Democratic leader in the Senate, told The Globe that trying to end Mr. Trump's Canadian tariffs is "one of the things we're looking at very seriously." He confirmed that all of the President's tariffs are on the table, including those on steel, autos and aluminum. "We're looking at the whole tariff picture. It's hurting the American people, it's raising their costs," he said as he walked between meetings at the Capitol. Ron Wyden, the Oregon Democratic senator expected to become chairman of the finance committee Jan. 3, said he would fight for Congress to take control of trade policy away from the White House.

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