China eases tariffs on Canadian steel and aluminum amid trade talks
China eases tariffs on Canadian steel and aluminum amid trade talks
China eases tariffs on Canadian steel and aluminum amid trade talks
China's Ministry of Commerce (MOFCOM) has announced changes to its anti-discrimination measures against certain Canadian imports. The decision, revealed on Friday, comes after a lengthy investigation and follows Canada's recent easing of restrictions on Chinese steel and aluminum products.
The investigation began on September 26, 2024, with MOFCOM examining potential discriminatory trade practices. A ruling was issued on March 8, 2025, confirming anti-discrimination measures against Canada. These measures will now be adjusted for a set period.
Between March 1, 2026, and December 31, 2026, China will temporarily suspend tariffs linked to these measures on selected Canadian goods. The move reflects ongoing negotiations between the two nations.
Both countries have agreed on specific arrangements to address trade disputes in key sectors. These include electric vehicles, steel and aluminum, as well as agricultural and aquatic products. The adjustments follow Canada's decision to partially relax its own restrictions on Chinese steel and aluminum.
The temporary suspension of tariffs will last until the end of 2026. This step aims to ease trade tensions while further discussions continue. No details have been released on the number of product categories affected or previous countermeasures taken.