The countdown is on to find out whether Canada will face steep U.S. tariffs on steel and aluminum.
U.S. President Donald Trump imposed a 25 per cent tariff on steel imports and a 10 per cent tariff on aluminum in March, but granted temporary exemptions to certain countries. In the case of Canada and Mexico, Trump’s administration tied the issue to the North American Free Trade Agreement.
That exemption period officially ends May 1, and it is not clear whether the White House will extend Canada’s exemption.
For more information please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905 882-4880, ext. 213.