Effective from 1 August 2025, the quota will apply to countries with which Canada has free trade agreements, excluding the US.

Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.

Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.

Canadian Prime Minister Mark Carney on Wednesday vowed to better protect the domestic steel industry including by imposing new tariffs, as Canada continues to look for ways to deal with the fallout from Washington's tumultuous trade policies.

Steel originating in China will be subjected to higher tariffs to prevent steel dumping amid U.S. President Donald Trump's ongoing trade war.

Manufacturing in Canada has been jolted by the abrupt swing in America's approach to trade and the frequently changing tariffs President Trump has imposed on imports into the U.S. In June, Trump called for a doubling of so-called Section 232 tariffs on steel and aluminum to 50%.

Canada will reduce the amount of foreign steel that importers can bring in tariff-free, a move to help domestic producers suffering from US President Donald Trump’s levies on the sector.

Leaders from the American Forest & Paper Association, Can Manufacturers Institute and Plastics Industry Association offered perspectives on challenges and manufacturing opportunities in recycled and virgin markets.

Canada will curb steel imports and impose higher tariffs to shield its domestic industry from the impact of US tariffs under President Donald Trump, Prime Minister Mark Carney said Wednesday, according to the BBC.

Canada’s retaliatory tariffs on U.S. goods are partially offsetting weaker ... hit hardest by US President Donald Trump’s barrage of trade levies on aluminum, steel and autos. Your Midday Sun Your noon-hour look at what's happening in Toronto and ...