Canada announces new tariff measures on imported steel to protect domestic industry
CANADA, JUL 16 – Canada will reduce tariff-free steel imports by half from 2024 levels and impose a 50% tariff on excess volumes to shield domestic producers amid global trade tensions.
- Prime Minister Mark Carney announced new tariff measures on July 16, 2025, at a Hamilton steel plant to protect Canada's steel industry.
- The measures respond to U.S. President Donald Trump's February and June 2025 steel tariffs which shut Canadian mills out of the U.S. market.
- Canada will impose import quotas based on 2024 steel volumes and introduce a 25% tariff on steel products containing Chinese melted and poured metal.
- Carney emphasized that the industry is undergoing a major transformation, and if it is not managed effectively, the opportunity to serve as a leading consumer of steel could be lost.
- These actions aim to prevent steel dumping and trade diversion, prioritize domestic producers in procurement, and bolster competitiveness amid a global steel market rearrangement.
33 Articles
33 Articles


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