On March 12, 2025, the U.S. government enacted additional duties on steel and aluminum products under Section 232 of the Trade Expansion Act. Designed initially to safeguard domestic industries by levying tariffs on steel and aluminum products, the new regulations have significantly broadened the range of covered items. Impacted importers must grasp these intricate requirements to ensure proper duty payments are made and avoid potential penalties.
Topics: Classification, Export Compliance, Tariffs
The United States – Mexico- Canada Agreement (USMCA), known in Canada as Canada – US – Mexico agreement (CUSMA), establishes a framework for duty-free trade among the three nations, provided goods meet specific rules of origin. Recent developments have underscored the importance of ensuring goods qualify under CUSMA to avoid newly imposed tariffs.
Topics: Classification, Tradewin, Canada, United States, Tariffs
Following the inauguration of the new administration on January 20th, 2025, there has been significant movement in both statements and confirmed actions that have an impact on trade.
Topics: United States, Section 301, Tariffs, HS Classification
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.
Topics: Free Trade Agreements, Canada, United States, Tariffs
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
