Core Points - Canada announced new measures to support its steel and lumber industries in response to U.S. tariffs, aiming to strengthen the domestic market [1][2] - The Canadian government will implement import restrictions on steel, reducing quotas for non-FTA partners from 50% to 20% and for FTA partners from 100% to 75% starting in 2024 [1] - A 25% tariff will be imposed on certain imported steel derivatives, and border control measures will be enhanced to combat steel dumping [1] - Starting in spring 2026, the government will collaborate with railway companies to reduce interprovincial transportation costs for steel and lumber by 50% [1] - The government will prioritize the use of domestic steel and lumber in housing construction and provide financial assistance to affected domestic companies [1][2] Industry Impact - The Canadian economy is shifting from reliance on a single trade partner to a more self-sufficient model that can withstand global shocks [2] - Over 75% of Canada's exports are directed towards the U.S., with significant reliance on the U.S. market for lumber, aluminum, and steel [2] - The steel and lumber industries have been severely impacted by U.S. tariffs, which were raised to 50% for steel and aluminum and additional tariffs were imposed on lumber and its derivatives [2]
加拿大宣布新措施 支持受美关税冲击的钢铁木材行业
Zhong Guo Xin Wen Wang·2025-11-27 08:07