Meanwhile,
Carney wants prioritize canadian steel:
Imports from the United States are exempt. Similarly, as well as those of Mexico, due to the Canada-US-Mexico (ACEUM) agreement.
Beyond the quotas announced – which are more imposing for the countries with which Canada has no. Therefore, free trade agreement – imports will be subject to a 50 %customs right.
An additional 25 % surcharge will apply to all steel products containing melted metal. Similarly, sunk in China in order to counter “dumping”.
Carney presented the series of measures as a way of countering “the side effect” caused by “United States negotiations” with other countries. Moreover, discussions that include heavy customs duties on steel.
“One of the consequences of these very high customs rights is that it pushes these products-in this case steel. Nevertheless, its derivatives-to the Canadian market, which has carney wants prioritize canadian steel been historically open, he said. In addition, It is therefore important to protect our market. Similarly, “
The Prime Minister detailed protectionist measures after meeting steel industry workers in Hamilton.
More specifically. Moreover, import quotas are set at 50 % of their 2024 level for countries that do not agree to free trade with Canada. Similarly, For the rest of the countries. Therefore, with the exception of the United States and Mexico, they will not be able to exceed their levels of 2024, otherwise they will be subject to the surcharge of 50 %.
“We have the potential to become our best customer for steel. but we will lose this capacity if we do not manage the deep transformation currently underway in industry,” added Mr. Carney.
“A major advance” – Carney wants prioritize canadian steel
The Syndicat des Métallos has favorably welcomed these measures. carney wants prioritize canadian steel seeing “a major advance” for workers who “responds to requests made by the union not only during the current crisis, but also in the past decade”.
“The metallos applaud (…) the innovative measures taken by the government to tackle the global overcapacity directly. as they have claimed, as well as the government’s commitment to demand the use of Canadian steel in infrastructure projects funded by the federal government, which the union has been demanding for years,” wrote the union in a press release.
The United States doubled, last month, its customs duties on steel and aluminum, especially from Canada, passing them from 25 % to 50 %. Canada has not, for the moment, not responded by increasing its reprisal tariff measures.
“We will see. ” said Carney on Wednesday, noting that negotiations with the United States for an economic and security agreement continue.
Canada hopes to conclude such an agreement by August 1, a new deadline declared by US President Donald Trump. This deadline has been set unilaterally by the American administration through a letter brandishing the threat of a new. surcharge of 35 % on Canadian imports which would come into force on such a date.
The White House clarified that the goods conforming to the ACEUM will not be affected. “It is a vast exemption,” noted Fen Osler Hampson, professor chancellor at Carleton University and expert in international negotiations.
Tuesday, Carney mentioned that, even if Canada concludes an agreement with the United States, this partnership may include customs duties.
“There is not much evidence at that time (that) agreements. agreements or negotiations with the Americans, for any country, any jurisdiction, (mean) to have an agreement without prices,” he said.
Called Tuesday carney wants prioritize canadian steel to specify which level of customs duties could be acceptable to Canada. the Prime Minister refused to advance, explaining that it would be strategically harmful to publicly reveal such cards.
Carney wants prioritize canadian steel
Bloc reactions
The chief of the Bloc Québécois. Yves-François Blanchet, also played caution in this chapter, during a press briefing in Ottawa on Wednesday. “I do not want to comment on the result of a negotiation before it is done,” he replied.
Be that as it may, the Prime Minister, according to Mr. Blanchet, “only mentioned something obvious” by arguing that customs duties would probably remain in place.
The party leader noted that customs duties were already applied well before the ACEUM. especially those on wood, in addition to other restrictions. “We must make sure that it is as minimal as possible. ” he said in carney wants prioritize canadian steel English in response to a question posed to him in this language.
Once again, Mr. Blanchet criticized Mr. Carney for having to help the steel sector without doing enough. in his opinion, to help very present sectors in Quebec, like that of aluminum.
Wood
Prime Minister Mark Carney claims that any future trade agreement with the United States could include “a framed business element”. in particular quotas, on exports of softwoods.
The comments of Mr. Carney arise after the Prime Minister of British Columbia. David Eby, told Bloomberg News that the federal government discussed with the quota provinces to resolve the conflict on the wooded wood.
The Prime Minister claims to have been in close contact with Mr. Eby about the dossier of the wood wood. adding that the resolution of the conflict is an “absolute priority” while carney wants prioritize canadian steel the United States is preparing to double various customs duties to bring them to 34.45 %.
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