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Cleveland-Cliffs boss criticizes Carney, praises Trump, as conflict with Ottawa over layoffs escalates

Cleveland-Cliffs Inc. chief executive Lourenco Goncalves on Monday criticized Prime Minister Mark Carney for “snatching defeat from the jaws of victory” in trade, and he extended “kudos” to U.S. President Donald Trump for a job well done, as the U.S. steelmaker remains locked in conflict with Ottawa over hundreds of layoffs in Canada.

On Sept. 28, Stelco Inc. announced that it was laying off up to 500 workers in Hamilton and Nanticoke, Ont.

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