In response to the May 31, 2018 announcement of the U.S. Tariffs on imports of certain steel and aluminium products from Canada at rates of 25% and 10% respectively, the Canadian Government is implementing its own countermeasures.
The countermeasures are in the form of surtaxes effective as of July 1, 2018 against $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 surtaxes are split into 3 tables:
- Table 1 details the affected steel products – 25% surtax;
- Table 2 details the affected aluminium products – 10% surtax; and
- Table 3 details the other affected products including but not limited to many types of food, herbicides, insecticides, kitchenware, home appliances, and stationary – 10% surtax.
The full tables can be found here: https://www.fin.gc.ca/access/tt-it/cacsap-cmpcaa-1-eng.asp
John Reiterowski, DS Lawyers Canada, LLP
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