Prime Minister Mark Carney announced that Canada plans to adjust counter-duties on steel and aluminum products next month to levels “consistent” with the progress made during US trade negotiations.
The update comes after the Trump administration doubled levies on all steel and aluminum imports to 50% on June 4.
Carney told reporters on June 19 that the adjustment is currently scheduled to take effect on July 21. He added that his government will limit steel imports from countries that don’t have a free trade agreement with Canada to 2024 levels.
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• Steelmaker ArcelorMittal Closing Hamilton Facility, Affecting 153 Jobs
• Carney Government Tables Labour Mobility Bill Amid US Trade War
KNOW YOUR RIGHTS!
Check out our blog on the rights non-unionized employees in Canada have during the ongoing trade war. You can also use our free Pocket Employment Lawyer to get real-time insights.
At Samfiru Tumarkin LLP, we’ve helped over 50,000 clients secure fair severance packages — recovering millions of dollars for non-unionized employees across Canada.
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