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Quebec offers C$863 million in aid to lessen brunt of U.S. tariffs

Quebec offers C$863 million in aid to lessen brunt of U.S. tariffs

Quebec offers C$863 million in aid to lessen brunt of U.S. tariffsThe Quebec government on Wednesday said it would spend C$863 million ($657 million) over five years to mitigate the impact of U.S. tariffs on companies and the Canadian province’s agriculture sector. The plan would provide direct financial aid to some companies affected by the tariffs and would support investments to improve productivity, worker training and boost market diversification, Quebec’s Liberal government said in a news release. The Trump administration has imposed a 25 percent tariff on steel and a 10 percent tariff on aluminum imports from Canada and other nations, prompting retaliatory tariffs against the United States.

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