Canada to impose new tariffs on certain imported Steel products
Ottawa (Scrap Register): Canadian government acting on a promise it made in March, it would impose new quotas and tariffs on imports of seven categories of steel from many countries to head off a potential rise in imports.
A tariff of 25 percent will apply starting Oct. 25, 2018 to imports in cases where the level of imports from trading partners exceeds historical norms, according to a government statement.
The administration of U.S. President Donald Trump imposed the sanctions on Canada in June, citing national security reasons. Canada does not hold out much hope that Washington will quickly lift tariffs that it imposed on steel and aluminum exports.
Canada is the single largest supplier of both aluminum and steel to the United States. Washington worries that nations could try to ship supplies through Canada and pretend the metals had been produced in Canadian facilities.