Canada will eliminate all tariffs on US goods covered by the Canada-US-Mexico Agreement (CUSMA) starting September 1. The move comes as Canada continues negotiations with the US on a broader trade framework. While tariffs will remain in place on steel, aluminum, and autos, Canada emphasized that the decision is meant to protect the competitiveness of…
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In a significant move to protect domestic steel production and ensure fair trade practices, the Government of Canada has imposed a temporary surtax on specific imported steel products. As of June 27, 2025, certain steel goods entering Canada will be subject to a 50% surtax on the value for duty, under the authority of the Order Imposing…
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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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In response to the Trump administration’s latest tariff announcement, both China and Canada have rolled out retaliatory tariffs aimed at the US. As these retaliatory actions unfold, businesses in both China, Canada, and the US will be forced to navigate a more complex and unpredictable global marketplace. China's Response to “Liberation Day” Beginning April 10,…
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Canada has announced a 25 percent tariff on a wide range of US-origin goods, in response to the US government's continued tariffs on Canadian steel and aluminum products. These tariffs, amounting to $29.8 billion in affected products, took effect at 12:01 am on March 13, 2025. The newly imposed tariffs specifically target goods originating from…
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President Trump has announced a postponement of the 25 percent tariffs on certain goods from Mexico and Canada that were set to go into effect March 4, 2025. The pause applies to goods from Mexico and Canada that comply with the United States-Mexico-Canada Agreement (USMCA), the trade deal negotiated during Trump’s first term. Amendments have been…
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Effective March 4, 2025, Canada will implement a 25 percent surtax on certain goods of US origin. The complete list of affected goods is outlined in the Schedule to the United States Surtax Order (2025-1). The surtax applies to both commercial and personal imports, even when exported from a country other than the U.S. into…
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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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