Canada to extend US steel and aluminum tariff measures for one year
2026-06-04 11:06:08 [Print]
Canada will extend its tariff-rate quotas and tariff relief on certain US steel and aluminum imports by one year, Finance Minister Fran?ois-Philippe Champagne said on Wednesday, citing the need to protect workers from global excess capacity and provide longer-term certainty for the industry.
The extensions, which are subject to cabinet approval, would run until June 27 and June 30, 2027, respectively, the government said in a statement. Imports exceeding the quota limits will continue to face a 50% tariff.
The extensions, which are subject to cabinet approval, would run until June 27 and June 30, 2027, respectively, the government said in a statement. Imports exceeding the quota limits will continue to face a 50% tariff.
Bauxite Indonesian 49%min CIF China
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China bauxite producers' inventory to production ratio statistics by province by month
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