Government announces final list of Chinese-made steel and aluminum products subject to 25 per cent tariff; 100 per cent tariff on Chinese-made EVs in force starting today
Canadian workers, the auto sector, the steel and aluminum industries, and related critical manufacturing supply chains are threatened by unfair competition from Chinese producers, who benefit from China's intentional, state-directed policy of overcapacity and oversupply, as well as its lack of rigorous labour and environmental standards. That is why the federal government is taking further action to protect Canada's workers and investments from China's unfair trade policies.
On August 26, 2024, the federal government announced a 100 per cent surtax on all Chinese-made electric vehicles (EVs), effective October 1, 2024, and its intent to impose a 25 per cent surtax on imports of steel and aluminum products from China under section 53 of the Customs Tariff. On September 10, the government also launched consultations on potential surtaxes to protect critical manufacturing sectors, which remain open for stakeholder comment until October 10, 2024.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the final list of steel and aluminum products from China that will be subject to the 25 per cent surtax, effective October 22, 2024. This will protect workers and businesses in Canada's steel and aluminum sectors against China's unfair trade policies and prevent trade diversion resulting from recent actions taken by Canadian trading partners. These surtaxes will not apply to Chinese goods that are in transit to Canada on the day on which they come into force-October 22, 2024.
