Canada imposes 25% global tariff on steel-derivative products to protect its industry

Canada introduced a 25% global tariff on specified steel‑derivative products, including some steel wire from the U.S., effective December 26, 2025. The measure targets overcapacity and dumping, and interacts with a separate 25% U.S.-origin surtax, making correct HS‑code classification critical for importers of fasteners and steel wire.