The Canadian government is preparing to introduce new measures to combat steel dumping and support domestic producers affected by U.S. tariffs, Industry Minister MĂ©lanie Joly announced. This comes after Canada imposed a 25% duty on Chinese steel and aluminum last year to align its trade policy with the U.S.
Joly did not confirm whether the upcoming policies would specifically target China or if Canada was considering increasing tariffs to 50% in response to U.S. trade measures under former President Donald Trump. She emphasized that discussions are ongoing with steel industry leaders and labor unions to determine the best approach without triggering a broader trade conflict.
The government is also exploring ways to assist steelmakers impacted by American duties, ensuring they remain competitive. With global trade tensions rising, Canada aims to balance protecting domestic industries with maintaining stable international trade relations. The final decision on tariff adjustments and other protective measures is expected to be announced soon.
