Canada keeps giving multi-million exemptions from retaliatory tariffs on US imports

摘要

Ottawa keeps expanding its waivers on retaliatory steel tariffs. earlier this week, another $110 million worth of US products have been added to Canada’s exempt list. In mid-April, Canada’s Finance Department added $110 million worth of products and businesses to its list of exemptions from Canada’s retaliatory tariffs on US imports, according to local media. Finance minister Bill Morneau’s spokesperson, Pierre?Olivier Herbert, said the revised list that came into force on April 15 results from the successful assessment of 30% requests for tariff relief. As a result of the new exemptions, 26 additional companies are eligible for remissions. The govern- ment is also extending the expiry date of the period of eligibility for refunds from April 30 to June 30, for 33 companies with pre-existing contract obligations to buy steel or aluminum from the US, Metal Expert learnt.