Canada to Adjust Steel, Aluminum Counter-Duties in July
What’s Happening?
Prime Minister Mark Carney announced that Canada plans to adjust counter-duties on steel and aluminum products next month to levels “consistent” with the progress made during US trade negotiations.
The update comes after the Trump administration doubled levies on all steel and aluminum imports to 50% on June 4.
Carney told reporters on June 19 that the adjustment is currently scheduled to take effect on July 21. He added that his government will limit steel imports from countries that don’t have a free trade agreement with Canada to 2024 levels.
SEE ALSO
• Steelmaker ArcelorMittal Closing Hamilton Facility, Affecting 153 Jobs
• Carney Government Tables Labour Mobility Bill Amid US Trade War
Check out our blog on the rights non-unionized employees in Canada have during the ongoing trade war. You can also use our free Pocket Employment Lawyer to get real-time insights.
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SEE ALSO
• Should I Negotiate My Own Severance Package in Ontario?
• What Albertans Need to Know About Negotiating Severance
• Negotiating Severance in BC: What Employees Need to Know
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Disclaimer: The materials provided in this article are for general informational purposes only and DO NOT constitute legal advice. For advice specific to your situation, please consult a legal representative at Samfiru Tumarkin LLP.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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