Canada to extend US steel and aluminum tariff measures for one year
- The Canadian government will extend a tariff remission program that reimburses some firms for tariffs on U.S. steel and aluminum until June 2027.
- Steel imports from countries other than the U.S. and Mexico will continue to face 50% tariffs above a set quota for another year.
- Both the remission program and the tariff quota programs were originally set to expire in June 2026.
- The Canadian Steel Producers Association supports stricter import quotas but criticizes the remission program extensions for weakening Canada’s defense against U.S. tariffs.
27 Articles
27 Articles
Canada Extends Steel And Aluminum Tariff Measures Through 2027
The Canadian government has announced a one-year extension of key trade measures affecting steel and aluminum imports, keeping both tariff protections and tariff relief programs in place through June 2027. According to the announcement, Canada will continue operating its tariff remission program, which reimburses eligible companies for certain tariffs imposed on U.S. steel and aluminum products. The program had been scheduled to expire in June 2…
Canada to extend US steel and aluminum tariff measures for one year
Canada will extend steel tariff-rate quotas and tariff relief on certain U.S. steel and aluminum imports by one year, Finance Minister François-Philippe Champagne said on Wednesday, citing the need to shield workers from global excess capacity and give industry longer-term certainty.
The remission program will be extended until the end of June 2027. The post Tariffs: Ottawa extends its support for steel and aluminum appeared first on Les Affaires.
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