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A long-awaited deal has been reached between Canada and the U.S. to end the steel and aluminum tariffs, referred to as the Section 232 Duties.
The deal applies to the tariffs the U.S. imposed last June (25% on imports of steel and 10% on aluminum) by citing national security, as well as Canada’s retaliatory tariffs on steel, aluminum and other U.S. origin consumer products.
Formal announcements were published by both Canada and the U.S. to end the respective tariffs.
For more information, please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905) 882-4880, ext. 213.
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