Canada to introduce 25% tariff on certain steel imports

摘要

The Canadian government on Thursday said it will introduce a provisional 25% tariff on certain steel imports beginning October 25 in an effort to prevent the diversion of cheap foreign steel imports into the country.The new tariff will apply to seven imported steel products -- heavy plate, rebar, energy tubular products, hot-rolled coil, pre-painted steel, stainless steel wire, and wire rod -- in cases where the level of imports from trading partners exceeds historical norms, according to Canada's Department of Finance.