Government/Policy
August 24, 2026
CSPA addresses latest US tariffs, failed talks
Written by Ethan Bernard
The Canadian Steel Producers Association (CSPA) has voiced its concern over the latest US tariffs on the country and the lack of a trade deal.
Recall that trade talks between the two nations collapsed on Saturday. The absence of a deal means the US will impose 50% tariffs on a range of Canadian goods under Section 338 of the Tariff Act of 1930.
“Today’s newest tariffs are a concerning escalation from the Trump administration,” CSPA said in a statement on Saturday. “Canada and the United States have enjoyed more than 30 years of fully integrated trade and the Canadian and US steel industries have benefited from that relationship.”
The association called the breakdown in negotiations “regrettable.” However, CSPA said, “No deal is better than a bad deal.”
“We will continue to work with the government of Canada to ensure Canada’s broader trade regime is fully leveraged to counter unfair trade practices and provide Canadian steel producers with as level a playing field as possible,” CSPA concluded.
Last week, reports indicated that Section 232 tariffs of 50% on steel and aluminum might be cut in half and automotive tariffs substantially reduced. This was supposed to be part of a broader trade deal covering not only metals but also lumber, liquor, dairy, and other goods.
