Policy
Public policy affecting the iron and steel industry.
Latest News
U.S., Canada Threaten Hiked Steel and Auto Tariffs After Failed Trade Negotiations
25 August 2026 - U.S. President Donald Trump said the U.S. will raise tariffs on Canadian autos and auto parts to 50% from 1 January 2027, with steel remaining at 50%, while Canada plans to raise tariffs on U.S. steel to 50% from 8 September 2026, following failed trade negotiations, reported the New York Times and Wall Street Journal.
U.S. Looks to Lower Canadian Steel, Automobile Tariffs
20 August 2026 - The U.S. and Canada are in negotiations looking to lower tariffs on Canadian steel, aluminum and automobiles, the Wall Street Journal reported.
U.K. Leaders Nationalize British Steel
16 July 2026 - The U.K. has nationalized integrated steel producer British Steel, seizing the struggling business and bringing it under public ownership.
U.S. Refuses Renewal of USMCA Unless Changes Are Made
01 July 2026 - The U.S. refused to renew the agreement between the U.S., Mexico and Canada (USMCA) after the USMCA Free Trade Commission met virtually today to conduct a joint review, said U.S. Ambassador Jamieson Greer in a statement.
EU Tightens Steel Import Quotas, Raises Tariffs on Excess Volumes
01 July 2026 - The European Union, effective today, has limited its tariff-free steel quota and increased the levy above that quota in several categories of steel products, reported the Wall Street Journal.
