Overview
- Canada will cap non-FTA steel imports at 100% of 2024 volumes through a retroactive tariff-rate quota subject to a 30-day review.
- Federal procurement contracts will be restricted to Canadian suppliers and designated reciprocal trading partners starting June 30.
- Ottawa will adjust its counter-tariffs on US steel and aluminum on July 21 based on progress in negotiations with Washington.
- Two government-stakeholder task forces for steel and aluminum will be established to monitor market trends and advise on further actions.
- Additional country-specific tariffs will be introduced in the coming weeks to address global overcapacity and unfair trade practices.