On June 28th, Canada announced the implementation of tariff quotas on imports of steel products from non-free trade agreement partners, effective from June 27 local time. The Canadian government issued a statement saying, "Today, Minister of Finance and National Revenue Shang Pengfei announced the implementation of new tariff quota management for steel products imported into Canada from non-free trade agreement (FTA) countries. The quota is set at 2.60 million tons, and a 50% surcharge will be i...
The Government of Canada announced the launch of a trade impact program worth 5 billion Canadian dollars to help Canadian exporters access new markets in response to U.S. tariffs. New financing in Canadian dollars will be provided through the Agricultural Credit Program to help farmers address cash flow issues.