21-July-2025
Corporate News
 
Canada's Steel Import Duties Violate WTO Rules, Says China
19-Jul-2025

The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order. The embassy statement, in response to questions from Reuters, followed an agreement between Canada and China in June to improve bilateral ties and take initial steps to rebuild their fraught trade relationship. Prime Minister Mark Carney said on Wednesday that Canada would implement 25% tariffs on steel imports from all countries containing steel melted and poured in China before the end of July.

News Source:- https://money.usnews.com/investing/news/articles/2025-07-18/canadas-steel-import-duties-violate-wto-rules-says-china