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Canada to impose new quotas, duties on steel imports in response to U.S. tariffs

Canada does not hold out much hope that Washington will quickly lift tariffs that it imposed on steel and aluminum exports and is resisting a U.S. push to agree to strict quotas, two sources familiar with the matter said.

WATCH: Steel, aluminum tariffs still a concern for Canadian Manufacturers and Exporters: Darby. In a bid to address those concerns the Canadian government – acting on a promise it made in March – on Thursday said it would impose new quotas and tariffs on imports of seven categories of steel from many countries to head off a potential rise in imports.


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