Here We Go Again With Some Good News

Posted by Rob Moore
Blog originally posted on 18/09/2020 02:26 PM

here we go again with good news

On August 6, 2020, the U.S. government announced a 10% tariff on aluminum that originates in Canada. The explanation for which was that aluminum is a security threat to the United States.

Then, on August 8, 2020, the Canadian government announced they would be imposing a 10% tariff on certain products from the United States.

On September 15, 2020, the USTR released an announcement that imports of aluminum from Canada will not be subject to the 10% duty retroactive to September 1, 2020. This was motivated by a look at the real numbers and realizing that a tariff was perhaps not necessary.

Finally, on September 15, 2020, the Canadian government announced that they will withdraw the order to impose a 10% tariff on certain imports originating in the United States. This was motivated by the note above.

As noted in my original blog on this subject, the ones pay these tariffs are industry and consumers, so perhaps it is good both sides of the border.

New call-to-action

Topics: Canada, United States

Blog originally posted on 18/09/2020 02:26 PM

Rob Moore

Written by Rob Moore

As Principal of Consulting for Tradewin's Canadian practice, Rob brings expertise in H.S. Classification, Valuation, North American Free Trade Agreement (NAFTA), Least Developed Country Tariff (LDCT), and General Preferential Tariff (GPT), as well as extensive experience with the automotive and textile industries.