Canada sets new 25% tariffs on the full value of certain steel derivative products.

The Canadian Government announced the implementation of new measures announced by Prime Minister Mark Carney on November 26, designed to provide immediate relief and long-term clarity for Canadian manufacturers.

Effective December 26, 2025, the Government of Canada is imposing 25 per cent tariffs on the full value of certain steel derivative products. For full details see the List of steel derivative products subject to 25 per cent tariffs effective December 26, 2025

Tariff rate quota levels for imported steel products will also be reduced effective December 26, 2025: to 20 per cent of 2024 levels for non-free trade agreement (FTA) partners, and 75 per cent of 2024 levels for non-CUSMA FTA partners. See Notice to importers: Item 82 – Steel goods

To give Canadian businesses stability as they adjust supply chains, the horizontal remission of Canadian tariffs on imports from the United States has been temporarily extended to January 31, 2026 for certain goods. See New measures to protect Canada's steel industry