China eases tariffs on Canadian steel and aluminum amid trade talks

China eases tariffs on Canadian steel and aluminum amid trade talks

Ashley Greene
Ashley Greene•
• 1 Min.
A graph on a white background titled "iron ore prices in the US and China" displays iron ore prices over time, with the x-axis representing years and the y-axis indicating price, divided into sections for China and the world, each with different colors representing different prices.

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.

Neueste Nachrichten