Canada Imposes New Tariffs to Safeguard Domestic Steel Sector
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LN24 / 6 months
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- 2 min read
Prime Minister Mark Carney announced on Wednesday that Canada will introduce a tariff rate quota on steel imports from countries with which it has free trade agreements—excluding the United States—as part of a broader effort to support the local steel industry. Under the new policy, a 50% tariff will apply to imports exceeding 2024 volume […]