Information related to recent Canada–US tariff changes
On June 1, 2018, the United States implemented additional tariffs on selected Canadian steel and aluminum products exported to the United States. The additional tariff rates are 25% and 10% respectively. According to Statistics Canada's international merchandise trade customs-based data, in 2017, the export value of aluminum products that are subject to the 10% rate was $9.2 billion; and the export value of steel products that are subject to the 25% rate was $7.2 billion.
In response, on July 1, 2018, Canada imposed tariffs on the imports of certain products from the United States. These tariff rates are also at the 25% and 10% levels. The tariffs cover a diverse range of products and primarily fall under the categories of aluminum products; articles of iron and steel; prepared foodstuffs; paper products; machinery and electrical equipment; and other miscellaneous manufactured items. In 2017, the import value of US goods that may be subject to the proposed tariffs was $16.6 billion.
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).
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