New Tariff Order Targets Over 60 Countries: What US Importers Need to Know

New Tariff Order Targets Over 60 Countries: What US Importers Need to Know

On July 31, 2025, the White House issued a sweeping Executive Order modifying US reciprocal tariff rates on a wide range of countries. The action—part of the administration’s broader effort to pressure trading partners into more favorable terms—imposes new tariffs ranging from 10% to 50%, effective August 7 (with Canada’s changes beginning August 1). What’s…

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US Extends 10% Tariff Suspension, Announces New Country-Specific Rates

US Extends 10% Tariff Suspension, Announces New Country-Specific Rates

On July 7, 2025, the White House announced a two-part update to the United States' reciprocal tariff policy: an extension of the current 10% tariff suspension and the introduction of new, country-specific tariff rates effective August 1, 2025. The Executive Order extends the temporary suspension—originally implemented under Executive Order 14266—for most US trading partners through…

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Steel & Aluminum Derivatives: Key Invoice & Duty Guidelines

Steel & Aluminum Derivatives: Key Invoice & Duty Guidelines

What is a derivative?A derivative article is a product made from a primary material, such as auto parts, cookware, nails, or furniture. What steel or aluminum derivatives are subject to additional duties under Section 232?On February 10, 2025, the President issued Proclamation 10895 and 10896 on Adjusting Imports of Aluminum and Steel into the United…

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7/15 & 8/1 Trans-Pacific Carriers Announce GRI

7/15 & 8/1 Trans-Pacific Carriers Announce GRI

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 15, 2025, and August 1, 2025. These GRIs will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. July 15, 2025: General Rate Increase – Transpacific Eastbound To all…

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Trade Developments Update: Where Things Stand Mid-2025

Trade Developments Update: Where Things Stand Mid-2025

The global trade landscape has been in constant flux since the beginning of 2025. Amid a flurry of executive actions, evolving tariff structures, and high-stakes negotiations, staying informed is more important—and more difficult—than ever. Here's a breakdown of the latest developments shaping US trade policy and its key relationships. Reciprocal Tariff Suspension A major area…

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Download: The Global Trade Playbook for Canadian Exporters

Download: The Global Trade Playbook for Canadian Exporters

WHITE PAPER PREVIEW Canadian exporters face a dynamic global trade environment, especially when trading with the United States and expanding to other international markets. The NOD framework – Navigating the Risks, Optimization, and Diversification – provides a strategic approach to strengthen global trade success. This guide lays out each NOD component with focused strategies, followed by the five foundational…

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First Sale Valuation: CBP Enforces Stricter Compliance Standards

First Sale Valuation: CBP Enforces Stricter Compliance Standards

US Customs and Border Protection (CBP) has intensified its enforcement of the “first sale” valuation method, emphasizing rigorous adherence to established criteria. The "first sale" principle allows importers involved in multi-tiered transactions to declare the transaction value between the manufacturer and the middleman, potentially reducing import duties compared to declaring the value between the middleman…

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