Canada Weighs Increasing Tariffs on U.S. Steel

06/27/2025

Canada this week signaled it could increase tariffs on U.S. steel and aluminum as early as July 21 if a new trade agreement isn’t reached within a 30-day window from talks between Prime Minister Mark Carney and President Trump.

In response to Trump’s doubling of U.S. metal tariffs to 50%, Ottawa is considering raising its own tariffs beyond the current 25% and is implementing procurement rules favoring Canadian or tariff‑free metals.

These defense measures also include tariff‑rate quotas and mandates to use Canadian metals in federal projects. 6/23/2025

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