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Canada could offer relief from tariffs on imported China steel, aluminum
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Canada could offer relief from tariffs on imported China steel, aluminum
Oct 2, 2024 10:27 PM

OTTAWA, Oct 1 (Reuters) - Canada could offer firms some

relief from a 25% surtax that is due to be imposed later this

month on imports of Chinese steel and aluminum, Finance Minister

Chrystia Freeland said on Tuesday.

Canada announced the measures in late August, citing China's

intentional, state-directed policy of over-capacity.

Freeland said Ottawa had heard concerns from some

stakeholders about their ability to adjust supply chains before

the measures come into effect on Oct 22.

"The government intends to implement a framework to consider

requests for tariff relief. Potential factors that may be

included in the framework are situations of short supply ... and

other exceptional circumstances," she said.

Further details of how the framework will work would be

released later, she added.

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