[SMM Iron & Steel] Canadian Steel Producers Call for Removal of US Steel Tariffs Ahead of USMCA Review

Published: Jun 9, 2026 17:53
Marking the one-year anniversary of the US imposing a 50% Section 232 tariff on Canadian steel, the Canadian Steel Producers Association (CSPA) is urging the removal of the measure ahead of the US-Mexico-Canada Agreement (USMCA) review period beginning July 1, 2026. Prior to the trade conflict, Canada was the largest supplier of steel to the US, but shipments have plummeted by 60% in 2025 as a result of the tariffs. With Canada having already adopted strict trade policies to block global overcapacity from China, the CSPA argues the tariffs are unjustified and disruptive to the integrated North American supply chain, pushing for a collaborative "Fortress North America" approach instead.

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Marking the one-year anniversary of the US imposing a 50% Section 232 - Shanghai Metals Market (SMM)