In response to the United States’ decision to impose tariffs on all Canadian goods, on March 4, 2025, Prime Minister Justin Trudeau announced that Canada would implement a 25% retaliatory tariff on a range of U.S. imports.
Canadian Free Trade Agreements (FTAs) are more than just formal arrangements; they serve as keys to unlocking new opportunities for your business. By understanding the details of these agreements and utilizing their advantages, companies can optimize their supply chains, reduce costs, and strengthen their competitiveness in the global marketplace. Continue reading to explore the intricacies of FTAs and learn about the benefits of leveraging these agreements for your business.
Topics: Audit, Canada, Tariffs, Free Trade Agreement
The Canada Border Services Agency (CBSA) has released a detailed outline of its verification priorities for 2025, specifically aimed at enhancing compliance with trade regulations. Here’s an in-depth look at what your business needs to know to stay ahead:
Topics: Tradewin, FTA, Canada, Trade Compliance, CBSA
In 2020, HMTX Industries, LLC, along with over 3,600 other importers and associations, filed a lawsuit claiming that President Trump exceeded the authority delegated by Congress under Section 301 of the Trade Act when implementing the List 3 and 4a tariffs during a "trade war" with China. The lawsuit alleges violations related to trade secrets and intellectual property rights (IPR) theft.
Topics: United States, Section 301, USTR, Tariffs
The Bureau of Industry and Security (BIS) has again expanded its U.S. export controls on chips. This new update, announced December 2, 2024, is related to the October 2022 interim final rule (IFR) aimed to restrict China’s ability to both purchase and manufacture certain high-end semiconductors critical for military applications.
Topics: Export Administration Regulations, United States, Security