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Tariff of 25 pct to apply to start Oct. 25, 2018, to imports, says Canada government


Devdiscourse News Desk United States
Updated: 12-10-2018 10:10 IST
Tariff of 25 pct to apply to start Oct. 25, 2018, to imports, says Canada government

A tariff of 25 per cent will apply to start Oct. 25, 2018, to imports "in cases where the level of imports from trading partners exceeds historical norms," the government statement said.(Image Credit: Twitter)

Canada will impose new quotas and tariffs on imports of seven categories of steel from all countries, the federal government said on Thursday, fresh measures to head off a potential rise in imports as overseas steelmakers shut out of the United States seek new customers.

A tariff of 25 per cent will apply to start Oct. 25, 2018, to imports "in cases where the level of imports from trading partners exceeds historical norms," the government statement said.

The products covered include heavy plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, among others.

(With inputs from agencies.)

COUNTRY : United States

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