In response to the U.S. imposing Section 232 duties on imports of steel and aluminum products from Canada, the Canadian government has announced a set of retaliatory tariffs (duties) against U.S. origin products. The tariffs target a wide range of U.S. products including both steel and aluminum along with various other items. A full list is available here.
Imports of these products into Canada will be assessed additional duties, ranging from 10% to 25%, on or after July 1, 2018 based on the direct ship date to Canada.
Officials stated the additional duties will remain in place until the U.S. Section 232 trade action is rescinded against Canadian products and cover up to C$16.6 billion worth of imports from the U.S.
Written comments regarding Canada’s intent to impose these tariffs (‘counter-measures’) may also be sent to the Canadian Department of Finance for their review and consideration as noted in the link above.
Additional information will be provided when available.
Importers are encouraged to review their previous import transactions to determine the impact and scale of this action on their Canadian import program. Specifically, applicable products and their assigned Harmonized Tariff System (HTS) codes within the scope of this action should be reviewed carefully prior to the effective date of this action.
Please contact your local Delmar International representative or our North American Customs Advisory Services Group for additional information.