Canada Is Moving Forward With Steel Safeguard Talks
- Government will explore protective measures on steel imports
- Discussions may be held over 15 days before decision is made
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Justin Trudeau’s government is expected to start consultations on possible measures to prevent a potential flood of imports from global steelmakers seeking to avoid U.S. tariffs, according to two industry sources familiar with the plans.
Finance Minister Bill Morneau has scheduled an announcement Tuesday during a visit to Hamilton-based ArcelorMittal Dofasco’s headquarters, though no further details were provided in the media advisory. If consultations are announced, the expectation is they will be held over a 15-day period, after which a decision will be made, the people said, asking not to be identified because the matter isn’t public.