It’s coming: The Department of Finance Canada has issued its notice of intent to impose countermeasures in response to US tariffs on steel and aluminum products.
On June 1, 2018, the Department of Finance Canada issued a list of countermeasure tariffs which will take effect on July 1, 2018. These countermeasures targeted a wide range of products which include (obviously) steel and aluminum but also include stainless steel, food products (stock up on ketchup), paper and wood products, household goods, and some types of appliances. Where the new tariffs affect us (and our customers) is in the area of adhesives in small package sizes:“HS Code 3506.10.xx.xx: Products suitable for use as glues or adhesives, put up for retail sale as glues or adhesives, not exceeding a weight of 1 kg.”