Ottawa unveils steel and aluminum measures to counter U.S. tariffs
Global News
Prime Minister Mark Carney said Ottawa will also introduce new rules to ensure Canadian steel and aluminum and tariff-free products from other trading partners are prioritized.
Prime Minister Mark Carney on Thursday announced a series of measures to protect the Canadian steel and aluminum industries from the impacts of recently doubled U.S. tariffs, including steep anti-dumping quotas for foreign products that may be diverted to Canada.
Carney said the federal government will also introduce new rules on June 30 to ensure Canadian steel and aluminum and tariff-free products from “reliable trading partners” are prioritized for federal procurement.
As well, the government will ensure the auto industry and other supply chains are given the chance to prioritize domestic materials through remission processes that will be reviewed in the coming days.
“The steel and aluminum workers are on the front lines of this trade crisis,” Carney told reporters.
“In short, the government is responding to the impact of the unjust U.S. tariffs with multiple tools.”
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.
The anti-dumping measures were specifically called for by the steel and aluminum industries. The heads of the Canadian Steel Producers Association and the United Steelworkers visited Parliament Hill on Thursday to call for urgent action by the federal government.
Carney told reporters the measures weren’t done at the request of the U.S. but were “a consequence of the U.S. actions.”
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