Canada may soon impose new tariffs on U.S. steel and aluminum imports if no agreement is reached regarding U.S. trade policies within a month. Set to begin on July 21, the tariffs aim to align with Canada’s broader trade arrangement with the U.S. Additionally, starting July 30, Canada will restrict federal steel and aluminum procurement to domestic suppliers. To protect its steel industry from global trade disruptions, Canada will establish tariff quotas and develop further measures against unfair trade practices. Ongoing negotiations with the U.S. are aimed at reaching an agreement.

Source: https://www.supplychaindive.com/news/canada-steel-aluminum-tariffs-carney-trump/751188/