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Canada announces retaliatory measures on U.S. steel, aluminum tariffs

CANADA, JUN 20 – Canada will adjust counter-tariffs on U.S. steel and aluminum based on trade negotiation progress and protect domestic industries with new quotas and procurement rules, Prime Minister Mark Carney said.

  • In March 2025, Canada implemented retaliatory tariffs of 25 percent on steel and aluminum goods imported from the U.S. in response to American tariff increases.
  • This action followed U.S. President Donald Trump doubling tariffs on steel and aluminum to 50 per cent in early June to protect American workers.
  • Canada established two separate groups focused on steel and aluminum to oversee trade developments and introduced new federal procurement policies prioritizing the use of Canadian materials.
  • Prime Minister Mark Carney said counter-tariffs will be adjusted after July 21 to match progress in U.S. trade talks, while Algoma Steel's CEO urged immediate antidumping tariffs on other countries.
  • The measures aim to protect Canadian steel and aluminum industries amid market disruptions caused by U.S. tariffs and ongoing negotiations.
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Kitco NEWS broke the news in on Thursday, June 19, 2025.
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