Effective October 25, Canada is imposing an initial provisional surtax of 25% on seven categories of steel goods irrespective of origin, when the levels of imports from trading partners exceed historical norms. These measures are being put in place to protect Canadian steel workers and producers.
Exemptions will be provided to certain countries such as the US, Chile, and Israel, for example, and for certain end-uses but the following goods will be impacted:
- Steel plate
- Concrete reinforcing bar
- Energy tubular products
- Hot-rolled sheet
- Pre-painted steel
- Stainless steel wire
- Wire rod
The Canadian International Trade Tribunal (CITT) will conduct an inquiry to determine whether final safeguards are warranted. These provisional safeguards will be in place for 200 days pending the CITT’s findings.
A link to Customs Notice 18-17 with respect to these measures can be found here.
Please contact your local Delmar International representative or our North American Customs Advisory Services Group at email@example.com for additional information.