Canada’s government today announced further steps to prevent diversion of foreign steel products into Canada, and to provide relief to steel and aluminum users in specific circumstances relating to countermeasures on certain products imported from the United States.
Canada's response began in July 2018, when reciprocal countermeasures were imposed on $16.6 billion of imports of steel, aluminum, and other products from the United States in response to U.S. tariffs on Canadian steel and aluminum. Read TradeNewsFlash
As noted in today’s release from Canada’s Department of Finance, the following measures are intended to support Canadian producers and manufacturers:
Read an October 2018 report prepared by the KPMG member firm in Canada
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
John L. McLoughlin
Luis (Lou) Abad
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