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ARTICLE · 23 FEBRUARY 2025

The Return Of The Steel Tariffs

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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In two separate "national security" proclamations issued last week, the President of the United States "restored" tariffs on steel and aluminum that it had imposed on these same articles in 2018...

GlobalInternational Law

In two separate "national security" proclamations issued last week, the President of the United States "restored" tariffs on steel and aluminum that it had imposed on these same articles in 2018 and had suspended following agreements with the affected parties.

One of those parties was Canada.

One of those agreements was the Canada-United States-Mexico Agreement, negotiated by President Trump.

This is what President Trump had to say about the CUSMA at the time:

I have to, certainly, give my highest regards to Prime Minister of Canada, Justin Trudeau. A lot of stories came out about Justin and I having difficulty together, and we did over the trade deal. But I'll tell you, it's turned out to be a very, very good deal for both; and a very, very good deal for all three. It puts us in a position that we've never been in before.

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