June 19, 2025
RED FM News Desk
OTTAWA, BC – Canada will adjust its counter-tariffs on steel and aluminum products by July 21, aiming for levels that are “consistent” with progress made during ongoing trade negotiations with the United States.
Prime Minister Mark Carney announced the move Thursday, as Canadian metals industries continue to strain under the pressure of escalating U.S. tariffs.
The Prime Minister did not specify the exact magnitude of these adjusted tariffs. The July 21 deadline aligns with the end of a 30-day trade deal window that was set after Carney and U.S. President Donald Trump met in Kananaskis, Alta., on the sidelines of the G7 summit.
In addition to modifying these counter-tariffs, a press release stated that Canada will, by June 30, implement policies to limit federal procurement to favor Canadian suppliers and “reliable trading partners.”
Furthermore, the government plans to introduce new, retroactive tariff quota rates on steel imports from non-free trade agreement countries, set at 100 percent of 2024 levels. More tariff measures are expected in the coming weeks to address “unfair trade in the steel and aluminum sectors, which are exacerbated by U.S. actions,” the release added.
To closely monitor the trade landscape and inform government decisions, Ottawa is also establishing two new task forces, one dedicated to steel and the other to aluminum.
This comprehensive response comes as Canada’s metals industries face significant challenges due to the U.S. tariffs. In early June, President Trump escalated existing metals tariffs from 25 percent to 50 percent. According to the White House, this move was intended to protect American workers who were “harmed by unfair trade practices and global excess capacity.”
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