The $500 Million Bailout That Couldn't Save 1,000 Jobs

Trump's steel tariffs hit Canada hard, and 16 weeks later 1,000 jobs at Algoma Steel started disappearing, even after a $500 million government bailout meant to protect them. This video breaks down exactly how a 50% U.S. tariff turned a taxpayer rescue into a mass layoff inside one Canadian steel town. We trace the full timeline: the March 2025 tariff, the June 2025 doubling to 50%, Algoma's near $500 million quarterly loss, the December layoff notices, and the March 23 deadline that followed exactly 16 weeks later. We also cover the national picture, including 140,000 forecasted Canadian job losses, USW union numbers, manufacturing data, and what concentrated trade risk means for investors and workers exposed to single-market tariffs. Real facts, real dollar figures, no speculation, no fear-mongering. New finance and economics breakdowns every week on Macro Pulse. #TrumpTariffs #SteelTariffs #Canada #TradeWar #MacroPulse #Economy #JobLosses #Tariffs #CanadaEconomy #FinanceNews