Canada Extends Steel and Aluminum Tariffs, TRQ System for Non-USMCA Countries Until 2027

Published: Jun 4, 2026 09:44
The Canadian Department of Finance stated in a press release that the Canadian government decided to extend its steel and aluminum tariff measures for one year. Canada plans to extend the tariff rate quota (TRQ) system on steel for non-US-Mexico-Canada Agreement (USMCA) partner countries. Meanwhile, Canada also plans to extend the remission plan for countermeasure tariffs on certain US steel, aluminum products, and certain derivative products. The above extensions still require cabinet approval, and the two measures will remain in effect until June 27, 2027, and June 30, 2027, respectively.

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The Canadian Department of Finance stated in a press release that the - Shanghai Metals Market (SMM)