Canada will implement an additional 25 percent tariff on steel imports from China before the end of July, among new measures aimed at bolstering Canada’s steel industry and preventing steel dumping in the Canadian market, Prime Minister Mark Carney says.
Ottawa said the measure will ensure Canadian steel producers are “more competitive” by protecting them against trade diversion from other countries. It will apply to steel imports from all non-U.S. countries containing steel melted and poured in China.