Canadian tariffs on US steel and aluminum could rise depending on trade talks, Carney says

Canada’s Prime Minister Mark Carney said Thursday he will impose new tariffs on U.S. steel and aluminum imports on July 21 depending the progress of trade talks with U.S. President Donald Trump.

Carney, who met with Trump at the Group of Seven meetings in Alberta this week, reiterated Thursday that Canada and the U.S. “agreed to pursue negotiations toward a deal within the coming 30 days.”

“We will review our response as the negotiations progress,” Carney said.

He added: “In parallel, we must reinforce our strength at home – and safeguard Canadian workers and businesses from the unjust U.S. tariffs. That’s why today we are announcing Canada will be introducing a series of countermeasures to protect Canadian steel and aluminum workers and producers.

“First, Canada will adjust its existing counter-tariffs on U.S. steel and aluminum products on July 21 to levels consistent with progress made in the broader trading agreement with the United States.”