U.S. plans to slap tariffs on aluminum imports from Canada, Bloomberg report says

June 23, 2020

The United States is planning to re-impose tariffs on aluminum imports from Canada, Bloomberg reported late on Monday, citing people familiar with the matter.

If Canada declines to impose export restrictions, the United States will announce on Friday the re-imposition of 10 per cent tariffs on aluminum from the country, the report said.

The tariffs would then be implemented by July 1, the report said, which is also when a new Canada-U.S.-Mexico Agreement on trade is expected to take effect.

Some industries, including automakers, had been asking for a delayed implementation of the agreement due to the difficulties they are facing amid the coronavirus pandemic...

This was excerpted from the 23 June 2020 edition of CBC News.

Topic(s)

Trade Agreements

International Trade and Border Management

Information source

Canadian News Channel

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