All is fair in love, war and trade!

In a stunning blow, the EU is imposing carbon border charges on Canadian steel, iron, and aluminum starting 2027.

-$2.8 billion in exports exposed — no exemption for Canada despite its own carbon price.

-Internal docs call it “effectively a carbon tariff.”

Quebec and Newfoundland hardest hit as Ottawa pushes EU trade diversification.

-Canadian producers face new compliance costs and higher prices on metals already slammed by U.S. tariffs.

-The EU is weaponizing climate policy into a direct trade hit on Canada.

The EU is applying its Carbon Border Adjustment Mechanism (CBAM) to Canadian steel, iron and aluminum to stop “carbon leakage”.

Our new best friends don't even want our stuff! How brutal is this?

Double whammy as the EU also just withdrew the "Associate Member" offer.

Elbows up, kids.