BUSINESS
ALERT
Canadian Government to impose countermeasures action against the United States 
Hon. Perrin Beatty, President and CEO of the Canadian Chamber of Commerce issued the following statement today in response to the U.S. government’s decision to impose tariffs on Canada’s steel and aluminum industries:
 
“Today’s decision by the U.S. Administration ignores the truth about Canada’s relationship with the U.S., will do nothing to address the issue of dumping, and will ultimately hurt businesses, jobs and the economies of both countries.
 
“The Canadian Chamber calls on the federal government to respond quickly and in a manner strong enough to obtain an exclusion for Canada. We need to act vigorously to support our domestic industries, and to send a message to the U.S. Administration that their unilateral protectionist measures will not come without a serious cost to themselves.
 
“Canada is an ally, supplier to and customer of the U.S. We are partners in NATO and NORAD. Our steel and aluminum industries are a source of critical supply for American manufacturers and its defence industry. Business, defence and political leaders of all stripes and on both sides of our border understand this and we remain grateful for the strong support they have shown.
 
“We applaud the Government of Canada’s work to date on behalf of our steel and aluminum industries and urge them to advocate for a reversal of these punitive measures. In the meantime, and in addition to implementing retaliatory measures in response to today’s U.S. decision, we ask that the federal government continue its ongoing work to ensure that steel and aluminum are not dumped into Canada from third countries.”
More Information
On Thursday, May 31, 2018, the Prime Minister and Foreign Affairs Minister Freeland announced that Canada intends to impose surtaxes or similar trade-restrictive countermeasures against up to C$16.6 billion in imports of steel, aluminum, and other products from the U.S., representing the value of 2017 Canadian exports affected by the U.S. measures. The Government is also considering whether additional measures may be required.
 
The products subject to countermeasures are listed here https://www.fin.gc.ca/activty/consult/cacsap-cmpcaa-eng.asp, and includes products that will be of interest to agriculture stakeholders. These countermeasures will only apply to goods originating from the U.S.
 
These countermeasures will take effect on July 1, 2018 and will remain in place until the U.S. eliminates its trade-restrictive measures against Canada. The countermeasures will not apply to U.S. goods that are in transit to Canada on the day on which these countermeasures come into force.
 
Written comments should be provided no later than June 15, 2018, to:
 
International Trade Policy Division of the Department of Finance (U.S. 232 Retaliation Consultations)
Department of Finance
James Michael Flaherty Building, 14th Floor
Fax: (613) 369-4024