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← Tariff Schedule
HS 7108.12Moderate

Gold, in semi-manufactured forms (non-monetary)

Chapter 71 — Natural or cultured pearls, precious metals|Broad tariff
Current tariff rate
25%
Prior rate
0% (MFN)
Canadian export value
$6.8B
CUSMA eligible
No
TARIFF DETAILS
Effective date
2025-03-04
Tariff type
Broad tariff
CUSMA INFORMATION
Eligibility
Not eligible
SECTOR IMPACT

Refiners and fabricators of gold products face tariff exposure on value-added gold shipments. Bullion flows are unaffected.

NOTES

Canadian gold refining and semi-finished gold products are a significant export. Monetary gold (bullion) remains exempt; semi-manufactured forms are affected.

MITIGATION STRATEGIES

Actionable options for affected Canadian exporters

  1. 1

    Customs reclassification review

  2. 2

    Market diversification (CETA)

  3. 3

    Supply chain restructuring

INDUSTRIES AFFECTED BY THIS TARIFF

Canadian industries exposed to HS 7108.12 tariff changes

Gold MiningLow
Mining & Resources·18/100 impact
RELATED TARIFF CODES
7110.11Low

Platinum, unwrought or in powder form

25%Low

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