Trade Cases

Freeland: No Timeline for U.S. Removal of Section 232
Written by Tim Triplett
October 23, 2018
Canadian Foreign Affairs Minister Chrystia Freeland says it would be in the best interest of both Canada and the United States to lift tariffs the countries now impose on each other, but she offered no timeline on when that might occur.
Responding to a press question yesterday on the prospects that the U.S. Section 232 tariffs on steel and aluminum might be lifted soon, Freeland reiterated Canada’s view of the tariffs. “We believe these measures to be unjustified and illegal, and that is why we are challenging them at the WTO…. That is why Canada imposed July 1 a measured dollar-for-dollar retaliatory response.
“We also think that it is overwhelmingly in the best interest of both Canada and the United States for these reciprocal tariffs to be lifted,” she added. “It is certainly reasonable to think that with…the agreement in principal around the new trade deal, that positive momentum should bring Canada and the United States to simply say it is time to lift these tariffs.” But she did not speculate on when that might happen.

Tim Triplett
Read more from Tim TriplettLatest in Trade Cases

Industry piles on new Section 232 steel derivative inclusion requests
The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.

Price on Trade: New EU steel tariffs don’t mean the US should weaken its stance
Any steel imports into the EU that exceed the new, lower quota level would be subject to a 50% tariff, which represents a major increase from the EU’s current 25% out-of-quota tariff. This move would largely align the EU’s steel tariff rate with Canada and the United States.

Global steel forum sets 2026 framework deadline as US ups pressure on excess capacity
Global steelmakers sounded the alarm Friday over the deepening excess steelmaking capacity crisis. Ministers at the Global Forum on Steel Excess Capacity (GFSEC) in Gqeberha, South Africa, pledged to...

CRU: China’s indirect steel exports find new destination markets
The boom in China’s direct steel exports has not stopped this year, even with a rise in protectionist measures globally. The increase is driven by...

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.