Canada's Prime Minister Mark Carney welcomes U.S. President Donald Trump,as helium arrives for the G7 Leaders' Summit successful Kananaskis, Alberta, Canada, June 16, 2025.
Chris Helgren | Reuters
Canada volition soon follow tariff measures to code risks associated with persistent planetary overcapacity and unfair commercialized successful alloy and aluminum, Prime Minister Mark Carney told reporters connected Thursday.
U.S. President Donald Trump this period doubled the tariffs connected imports of alloy and aluminum to 50%. The determination could wounded Canada, which is the largest seller of the metals to the U.S.
Carney, saying the tariffs were destabilizing markets, said Canada would found caller tariff-rate quotas of 100% of 2024 levels connected imports of alloy products from non-free commercialized statement partners "to stabilize the home marketplace and forestall harmful commercialized diversion."
Carney said connected Monday helium had agreed with Trump that the 2 nations should effort to wrapper up a caller economical and information woody wrong 30 days.
Canada volition set its existing counter-tariffs connected U.S. alloy and aluminum products connected July 21 to levels accordant with advancement made successful talks, Carney said, without giving details.