-
Canada introduces new steel tariffs to protect domestic steel industry
Canada has announced the introduction of a tariff rate quota to shield its domestic steel industry from international pressures. Effective from 1 August 2025, the quota will apply to countries with which Canada has free trade agreements, excluding the US and Mexico. For countries that do not have free trade agreements with Canada, the government has reduced the tariff-free quota to 50% of the 2024 volumes, down from 100%. Imports exceeding this quota will also incur a 50% tariff. In response to the domestic industry’s concerns about becoming uncompetitive due to US tariffs, Canada will also implement additional 25% ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From kitco.com|Jul 17, 2025Gold markets experienced significant turbulence during Wednesday's trading session, with prices swinging nearly $60 within a two-hour period amid speculation surrounding Federal ...
From ec.europa.eu|Jul 17, 2025|1 commentThe euro area annual inflation rate was 2.0% in June 2025, up from 1.9% in May. A year earlier, the rate was 2.5%. European Union annual inflation was 2.3% in June 2025, up from ...
From brecorder.com|Jul 17, 2025Iron ore futures prices advanced on Thursday, buoyed by robust steel demand amid production curbs in top Chinese steelmaking regions. The most-traded September iron ore contract ...
-
- Newer Stories
From channelnewsasia.com|Jul 17, 2025|1 commentJapan's top trade negotiator Ryosei Akazawa held talks with US Commerce Secretary Howard Lutnick on US tariffs on Thursday (Jul 17), as Tokyo races to avert a 25 per cent levy ...
From dw.com|Jul 17, 2025Steel is the backbone of German industry — but it's also a major source of greenhouse gas emissions, accounting for nearly 7% of Germany's CO2 emissions. As Germany has pledged to ...
From cnn.com|Jul 17, 2025Copper is at the core of the American economy. It’s in the wires of our pervasive electronics, in the walls of homes and in the engines of cars. Experts say President Donald ...
- Story Stats
- Jul 17, 2025 5:43am Posted byFundamental Analysis273
