Nevertheless,
Commercial agreement customs tariffs: disaster:
A trade agreement with the United States including customs tariffs would be catastrophic. Therefore, according to Canadian steel industry.
This is the observation that she makes after the declaration of the Prime Minister of Canada. Moreover, Mark Carney, who mentions that he does not believe it is possible to conclude an agreement that would eliminate customs duties aimed at Canada.
In March, US President Donald Trump imposed 25% customs duties on Canadian steel and aluminum. However, In June, he decided to make them climb to 50%. However, Then, last week, Trump announced that he wanted to establish a new 35% tax on imports from Canada from 1is august.
Meanwhile, steel production in Canada fell 30% in May with a price of 25%. Then. in June, we witnessed a collapse with the doubling of the rights, according to the CEO of the commercial agreement customs tariffs: disaster Canadian Association of Steel producers, Catherine Cobden.
“We see that the order books are in a dismal state here, in July,” she said to Globe and Mail. I dare not imagine in what state we will be if we have to continue to wait without any. measure being taken. ”
The Canadian government has set up quotas for foreign steel producers. If they exceed their volume of 2024, they will be struck by customs tariffs of 50%.
These measures are insufficient, according to Mme COBDEN. Her association calls for the establishment of quotas on several other countries with trade agreements with Canada. such as South Korea and Vietnam, which it accuses of practicing steel dumping on the Canadian market.
commercial agreement customs tariffs: disaster — Commercial agreement customs tariffs: disaster: A trade agreement with the United States including customs tariffs would be catastrophic. according to Canadian steel industry. This commercial agreement customs tariffs: disaster is the observation that she makes after the declaration of the Prime Minister of Canada, Mark C.
Further reading: From August 1 | Trump announces customs duties of 30 % for Mexico and the EU – Customs duties: Canada again targeted by Trump – 07/11/2025 at 17:54 – Halifax-Montréal route | Via Rail wants to use refurbished cars – Graphic Packaging will close its factory in East Angus – Why is it even more practical than the Model Y.
