

Photo: iStock / Oleksii Liskonih
Canada has announced a series of measures to guard against the impacts of steel and aluminum tariffs from the Trump administration, including plans to raise its retaliatory levies starting in late July.
According to a June 19 release, Canada will adjust its counter-tariffs on U.S. steel and aluminum on July 21 "to levels consistent with progress that has been made in the broader trading arrangement with the United States." Starting on June 30, the government will also begin to limit federal procurement of steel and aluminum to domestic suppliers.
"As Canada negotiates a new economic and security partnership with the U.S., the premiers and I agree: We need to protect the Canadians impacted by unjust U.S. tariffs," Prime Minister Mark Carney said in a June 19 social media post.
The Canadian government says that, sometime in the coming weeks, it will look at additional tariff measures to manage the impacts of "persistent global overcapacity and unfair trade in the steel and aluminum sectors," which it says have been exacerbated by U.S. trade policies.
President Donald Trump doubled U.S. tariffs on foreign steel and aluminum on June 4, raising them from 25% to 50%. At the start of the G7 conference on June 16, Carney said that he and Trump were working toward a long-term trade agreement "within the coming 30 days," although Trump left the conference later that day as tensions began to escalate between Israel and Iran.
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