Ottawa to curb steel imports with tariff rate quota on certain countries
4 Articles
4 Articles
Ottawa Announces 50 Percent Surcharge on Some Steel Imports to Support Industry
Ottawa has announced new steel quotas to bolster the industry in response to U.S. tariffs, imposing a 50 percent surtax on steel imports exceeding 2024 levels from countries with which Canada does not have a free trade agreement. “Our government has a mandate to build one Canadian economy—the strongest in the G7. That means standing up for our industries and workers and defending them from the harmful impacts of unjust U.S. tariffs,” Finance Min…
50% Surtax on Certain Steel Imports into Canada Effective June 27, 2025 - GHY International
Effective June 27, 2025, the Government of Canada has imposed a 50% surtax on certain steel imports in response to unfair trade practices and global overcapacity. This punitive measure applies to designated steel products originating from specific countries identified as contributing to market distortions. Importers should review affected tariff classifications and prepare for immediate cost implications on impacted shipments.
India Extends Import Curbs on Low-Ash Metallurgical Coke for Six Months
The Indian government has extended import curbs on low-ash metallurgical coke, a steelmaking raw material, for six months starting July, a government order said on Monday, dealing a blow to steelmakers who oppose restrictions on overseas purchases.India…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium