Canada bolsters its measures to protect Canadian steel and aluminum . . . Third, the government will protect Canada’s steel industry by establishing new tariff rate quotas of 100 per cent of 2024 levels on imports of steel products from non-free trade agreement partners to stabilize the domestic market and prevent harmful trade diversion as the result of the U S actions that are destabilizing markets
Canada announces retaliatory measures on U. S. steel, aluminum tariffs The heads of the Canadian Steel Producers Association and the United Steelworkers are visiting Parliament Hill on Thursday and calling for urgent action from the federal government U S President Donald Trump imposed a 25 per cent tariff on all steel and aluminum imports in March, and hiked that rate to 50 per cent earlier this month
Canada unveils retaliatory measures on U. S. steel, aluminum tariffs . . . “As we pursue a generational effort to build one Canadian economy, Canadian steel and aluminum workers will be at the heart of it ” In March, when the first 25-per-cent tariff was imposed on Canadian steel by the U S , Algoma Steel curbed discretionary spending and worked with its customer base, likely resulting in price increases
Canada announces measures to retaliate against U. S. steel, aluminum tariffs The U S steel and aluminum tariffs apply to the entire world, not just Canada, which has led to concerns about dumping Canada will establish new tariff rate quotas of 100 per cent of 2024 levels on imports of steel products from non-free trade agreement partners, the government said in a news release
Canada announces new measures to protect steel and aluminum | Financial . . . The prime minister just returned from a G7 meeting in Alberta earlier this week, where he said he continued to advance trade talks with the U S Carney also said he would review counter tariffs on U S steel and aluminum in July based on how much progress is achieved on a new trading framework with the U S
Canada imposes tariffs on steel and aluminium to curb imports Canada is the largest supplier of the two metals to the US, accounting for nearly a quarter of US steel imports in 2023 and about half of aluminium imports last year The steel sector is a C$15bn
Ottawa unveils steel and aluminum measures to counter U. S. tariffs Prime Minister Mark Carney announced a series of measures to protect Canadian steel and aluminum industries from recently doubled U S tariffs These include steep anti-dumping quotas of 100% of 2024 levels on imports from non-free trade partners and new rules to prioritize Canadian steel and aluminum for government contracts and domestic supply chains