Canada to impose 25 per cent surtax on select Chinese-made steel and aluminum products
Canada will impose an additional 25 percent tariff on certain steel and aluminum imports from China after releasing its final list of affected products on Tuesday. This additional tax on these products will be implemented from October 22.
"These measures are very important," Deputy Prime Minister and Finance Minister Chrystia Freeland told reporters on Tuesday. "These measures are about ensuring that Canadian workers and industries compete fairly, in the sense that they do not face unfair competition from Chinese overcapacity."
The purpose of this action was announced for the first time in August and after a month of consultation with the stakeholders. The move also comes after the United States imposed an additional 25 percent tariff on selected Chinese steel and aluminum products starting October 15.
As of Tuesday, Canada's 100 percent tariff on all Chinese-made electric vehicles (EVs), including some hybrids, trucks and buses, also went into effect. These measures were first announced in late August.
After Canada's EV tariffs were announced in August, China announced an anti-dumping investigation into Canadian canola imports, escalating the trade dispute between the two countries.
CTV News has reached out to the Chinese Embassy in Canada for a response to Tuesday's announcement of a new 25 percent additional tax on steel and aluminum imports from China.
The federal government says it will review the new measures a year after they take effect.
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