Tariffs News and Updates

Canadian steel companies and owner to pay $19m to settle false claims act allegations relating to evaded customs duties — DOJ

Two Canada-based steel companies, Farjess Inc. and Royal Canadian Steel Inc., along with their part-owner and president, Feroz Jessani, have agreed to pay $19...

US government to begin tariff refunds through new CAPE system starting April 20

The United States is preparing to launch a new system to return billions of dollars to companies that paid tariffs on imported goods. These...

Parliamentary majority boosts Carney’s ability to handle US tariff tensions

Canada’s Prime Minister Mark Carney has secured a parliamentary majority, a development that directly strengthens his ability to respond to rising trade tensions with...

EU plans to cut steel imports by 47% and raise tariffs to protect domestic industry

The European Union has taken a big step to protect its steel industry. It has agreed to reduce the amount of steel that can...