AZL 5.56% 1.9¢ arizona lithium limited

AZL General Discussion, page-21962

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    U.S. tariffs on Canadian steel and aluminum

    On June 1, 2018, the U.S. imposed a 25 percent tariff on imports of Canadian steel and a 10 percent tariff on imports of Canadian aluminum under Section 232 of the Trade Expansion Act, which relates to perceived effect of imports on U.S. national security. In response, Canada imposed retaliatory tariffs against a proportionate amount of imports from the United States.

    On May 17, 2019, the U.S. and Canada issued a joint statement announcing the elimination of the Section 232 tariffs against Canada and Canada’s countermeasures against the U.S., and the end to all related WTO litigation.

    On August 6, 2020, the U.S. announced the imposition of tariffs of 10 per cent on imports of certain aluminum products from Canada, which took effect on August 16, 2020.

    On September 15, 2020, the U.S. Trade Representative announced the return of tariff-free treatment of Canadian aluminum, effective September 1, 2020.
 
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