Canada sets steel import limits, exempts U.S. and Mexico
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 17 2025
0mins
Source: SeekingAlpha
New Tariff Measures: Canada has reduced the tariff-free import of steel from 100% to 50% for countries without free trade agreements, with a 50% tariff on excess imports; existing Canada-U.S.-Mexico Agreement terms remain unchanged.
Support for Domestic Steelmakers: The measures aim to protect Canadian steel producers from U.S. tariffs and promote domestic steel usage in major projects, receiving positive feedback from industry leaders.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
