UPDATE 3/26/2025: Prior to May 20, 2025, all importers, resident and non-resident, must provide financial security to the Canada Border Services Agency (CBSA) to allow shipments to clear customs before the payment of duties and taxes. As part of CARM R3, the 180-day release prior to payment (RPP) transition period that went into effect on…
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UPDATE: 2/11/25-Starting March 12, 2025, a 25 percent tariff will be imposed on all steel and aluminum imports from every country. The executive order revokes all prior proclamations and agreements that previously granted exemptions, exclusions, or tariff suspensions through quotas. These tariffs will apply to steel and aluminum imports from Argentina, Australia, Brazil, Canada, the…
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Following perceived systematic challenges in collecting duties, President Trump has paused the Chinese and Hong Kong exclusions from Section 321 through an amendment to the executive order from February 1, 2025. The update clarifies that certain goods may still qualify for duty-free de minimis treatment under U.S. law, but this exemption may be discontinued once…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective February 15, 2025, and March 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. February 15, 2025: General Rate Increase – Transpacific Eastbound To all…
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President Trump spoke with Mexican President Claudia Sheinbaum this morning, and Canadian Prime Minister Justin Trudeau this afternoon, with both calls resulting in the postponement of a 25 percent tariff on US imports for one month while negotiations continue. “I look forward to participating in those negotiations with President Sheinbaum as we work toward a ‘deal’…
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On February 1 2025, President Trump issued Executive Orders imposing tariffs on imports from Canada, China and Mexico. These tariffs are effective at 12:01 am Eastern Time (ET), February 4, 2025 with the President invoking authority principally under the International Emergency Economic Powers Act (IEEPA) and referencing section 301 of the Trade Act of 1974. The following tariffs will be in addition…
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