New US Tariffs Expected to Affect Canadian Imports

As of July 20, President Donald Trump has imposed a 50% tariff on Canadian goods, including cement, citing unfair treatment of US products. The tariff, which will take effect in 30 days, is expected to significantly disrupt the Canadian cement industry, which has a production capacity of 19 million tons per year and relies heavily on the US market, according to reporting by Global Cement Magazine.