Download: The Global Trade Playbook for Canadian Exporters

White Papers
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

Trade Translation
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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LTL Classification System Overhaul Coming to NMFC

Global News
LTL Classification System Overhaul Coming to NMFC

Effective July 19, the changes outlined in Docket 2025-1 will significantly impact the structure of the National Motor Freight Classification (NMFC) system. As the industry pivots towards a more standardized and efficient classification structure, businesses must be proactive in understanding these updates and their potential impacts. Changes in Docket 2025-1 The NMFC Guide is transitioning…

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A Shift in Tariffs: New Executive Order Redefines Tariff Stacking

Trade Translation, Word from the White House
A Shift in Tariffs: New Executive Order Redefines Tariff Stacking

A recent Executive Order issued by the White House has realigned the application of overlapping tariff authorities, particularly those related to national security—Section 232— and the International Emergency Economic Powers Act (IEEPA). Under the revised framework, the Executive Order preserves the current treatment for auto parts. This means that if a product is subject to…

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6/15 & 7/1 Trans-Pacific Carriers Announce GRI

Market Updates
6/15 & 7/1 Trans-Pacific Carriers Announce GRI

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective June 15, 2025, and July 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. June 15, 2025: General Rate Increase – Transpacific Eastbound To all…

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USTR Extends Section 301 China Tariff Exclusions Through August 31

Section 301 Updates, Trade Translation
USTR Extends Section 301 China Tariff Exclusions Through August 31

Today, the Office of the United States Trade Representative (USTR) announced the extension of certain tariff exclusions under the Section 301. These exclusions, which were previously set to expire on May 31, 2025, will now remain in effect through August 31, 2025. The extension provides importers with additional time to benefit from relief on specific products subject to…

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