On July 1, 2018, Canada will impose countermeasures in the form of surtaxes against C$16.6 billion in imports of steel, aluminum, and other products from the U.S., representing the value of 2017 Canadian exports affected by the U.S. tariffs on imports of certain steel (25%) and aluminum (10%) products from Canada.
Surtaxes of 25% will apply to certain US steel products. Surtaxes of 10% will apply to certain US aluminum and other products. The lists of affected products can be found here:
https://www.fin.gc.ca/access/tt-it/cacsap-cmpcaa-1-eng.asp
Tereposky & DeRose advises and represents private sector clients — including industry associations, large corporations, and small and medium-sized businesses — as well as government entities on the full range of issues arising in cross-border trade. Should you have any questions regarding this matter, we are at your disposal.
Tereposky & DeRose LLP
Suite 1000, 81 Metcalfe St.
Ottawa, Ontario K1P 6K7
Phone: +1-613-903-7015
Fax: +1-613-701-2997
Email: info@tradeisds.com