What Does This Mean For Your Business?
Effective October 25, 2018, provisional safeguard measures apply
to seven categories of steel products imported into Canada from
most countries. These provisional safeguard measures take the form
of tariff rate quotas (TRQs), with a 25% over access surtax that
will apply to imports for 200 days from October 25,
2018, to May 13, 2019.
During this 200-day period, the Canadian International Trade
Tribunal (CITT) will conduct a global steel safeguards inquiry.
Following this inquiry, the CITT will report its recommendations to
the Government of Canada, which will then decide whether or not to
extend the application of safeguards for up to four years (to
October 2022).
