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ST&R Trade Advisory: New Additional Tariffs on Canadian Steel and Aluminum

The following analysis was provided by NCBFAA Legislative Advisor Nicole Bivens Collinson of Sandler, Travis & Rosenberg, P.A.

Sandler, Travis & Rosenberg, P.A. (ST&R) notes that today President Trump posted on Truth Social (see below) that he intends to increase the tariffs on Canadian steel and aluminum by another 25% for a total of 50%, effective tomorrow, March 12.

The increase is in response to Canada’s very high tariffs on US agricultural products, and specifically mentioned are the tariffs on U.S. Dairy. It is not clear whether if Canada removes those agricultural tariffs, Trump will lower these steel/Al tariffs.

He further threatens that if these tariffs, AND other long-term egregious tariffs are not removed, on April 2 he will impose additional tariff measures that will shut down Canada’s automotive industry.

Finally, he is prepared to issue a national emergency on electricity in the areas impacted by Canada increasing the cost of electricity on U.S. states.

Please note that so far we only have this post. We need to wait for the executive order and the Federal Register notices to be issued for details. We will provide more information as it becomes available.

Stay tuned.

If you have any questions, please send them to tariffs@strtrade.com.

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The NCBFAA Customs Committee and Counsel, meanwhile, expect CBP to issue a CSMS shortly that will provide guidance to the trade on the implementation of these recent IEEPA tariff changes.

Meanwhile, NCBFAA will continue to keep our members updated about the U.S. tariffs through the Monday Morning eBriefing and eblasts, and a dedicated IEEPA Tariffs webpage on our website.

Attention: The Monday Morning eBriefing (MMeB) and other communications of the NCBFAA are the exclusive property of the Association. Unauthorized use by any person or firm which is not a member in good standing is strictly prohibited.

NCBFAA Website