Canada expects exemption from Section 232 in “the next few weeks”

Thursday, 21 February 2019 00:19:04 (GMT+3)   |   San Diego

Canada is expecting to be exempted from the US’ Section 232 tariffs on steel and aluminum imports “in the next few weeks,” according to a report today in Canada-based Global News.

Canada’s ambassador to the US, David MacNaughton, told reporters today he’s confident “the end of the tariffs is drawing near.”

Last week, Foreign Affairs Minister Chrystia Freeland said that Canada’s official position was that since trade negotiations for the new NAFTA agreement were over, “that is all the more reason why these tariffs ought to be lifted.”

At the time, Donald Trump said the Section 232 tariffs were staying “until such time we can do something … so our steel industry is protected.”

MacNaughton had previously told media outlets the Canadian government was “pushing hard” to have the tariffs lifted, and that American companies were “feeling the heat” from retaliatory tariffs imposed by Canada.

Most Recent Related Articles

US ITC votes to continue AD/CVD orders on OCTG from five countries

Canadian trade deficit narrows to $677 million in May

US DOC issues final review results for Mexican wire rod

US DOC to continue AD orders on PC strand from six countries

US ITC votes to maintain AD/CVD orders on light-walled rectangular pipe and tube from four countries