Toronto, June 29, 2018
On June 29, 2018, the Government of Canada released its final list of tariff items that will be applied as retaliatory tariffs to U.S. steel, aluminum and other products. These countermeasures are in response to the 25% Steel Tariff and the 10% Aluminum Tariff applied by the U.S. to Canadian origin goods. The countermeasures will come into effect on July 1 and remain in place until the U.S. removes its trade measures against Canada.
The list is a must-read for all importers as the "other products" range from yogurt to ball point pens and not just steel and aluminum.
This final list has been issued after the Canadian Government took into consideration feedback received from Canadians through over 1,000 submissions during public consultations. The countermeasures being imposed amount to 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.
The Canada Border Services Agency (CBSA) have issued Customs Notice 18-08, United States Surtax Order (Steel and Aluminum) and United States Surtax Order (Other Goods) to provide detailed information concerning the application and administration of the surtaxes.
Of particular note:
As well, Global Affairs Canada released Canada stands up for our steel and aluminum workers and industry providing statements, facts, and additional background information on today's announcements.
The House of Commons Standing Committee on International Trade held a hearing on June 26, 2018 regarding the impacts of US tariffs on steel and aluminum on Canadian businesses and workers, including steel companies, trade associations, and representatives from organized labour.
As a result of limited time for witnesses to be heard, the House of Commons Standing Committee on International Trade is asking that interested parties submit a brief through their online form by July 31, 2018, outlining thoughts about the impacts of US Section 232 tariffs on Canadian businesses and workers.
If you would like to engage our Customs Consulting team, please contact me at (905) 882-4880, ext. 213 to discuss available services, including a Duty Impact Study.