It has been just over one year since the first announcement of the steel and aluminum tariffs imposed by the United States and Canada has been implementing its own safeguards for better or for worse.
Canada has announced provisional safeguard measures of 25% on 7 steel products: heavy plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, stainless steel wire, and wire rod commencing on October 25, 2018.
Safeguard inquiry to follow…
On August 14, 2018, the Department of Finance announced the steps for the steps to prevent diversion of steel products into Canada, which will be begin with public consultations on the matter. There is currently an invitation to submit views on the matter. Will public input matter?