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Support for the Canadian Steel Sector

The government is strengthening the TRQs for steel products implemented on June 27, 2025.

  • Effective August 1, 2025, the TRQs will be extended to countries that have a free trade agreement in force with Canada, with the exception of the United States and Mexico. This will result in a 50 per cent surtax being applied on steel imports above 100 per cent of 2024 levels.
  • For those countries that do not have a free trade agreement with Canada, the quota for tariff-free imports will be reduced to 50 per cent of 2024 levels. A 50 per cent surtax will be applied on steel imports exceeding this threshold.
  • The government will consult with industry to finalize adjustments to other design elements of the tariff rate quotas.

Melt and Pour Tariffs

A 25 per cent surtax will also be applied on imports from all countries other than the U.S. that contain steel melted and poured in China. This will increase transparency in the domestic supply chains and help prevent circumvention of Canada's trade measures. The product scope of the surtax would align with the existing China Surtax Order on steel. This measure will be implemented before the end of July.

Please see this link for more information: https://www.canada.ca/en/department-finance/news/2025/07/support-for-the-canadian-steel-sector.html

 

Topic(s)

U.S. Tariffs and Canadian Retaliatory Surtax
Security and Trade Facilitation Programs
International Trade and Border Management

Information source

Canadian News Channel
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.