Blog Posts

 

During the debates ahead of the U.S. election, Mr. Trump called NAFTA “the worst trade deal … ever signed in this country,” and has promised to take action on the agreement early on in his tenure as president.

 

Trump has repeatedly blamed NAFTA for taking U.S. manufacturing jobs and has indicated he may introduce border taxes on large auto companies, as one example, who continue to produce goods in Mexico.

 

Trump is now talking about either renegotiating the deal or withdrawing U.S. participation – recognizing the need to observe a legally-required 90-day consultation period that would have to precede a U.S. exit.

The Canada-EU Comprehensive Economic and Trade Agreement

 

 

We published an article about this agreement between Canada and the European Union back in November, shortly after it was signed. See our previous blog on CETA for a refresher.

 

The latest development is that, as anticipated, the European Parliament has now approved the deal. 

Are you wondering how the political changes underway in the U.S. will affect your cross-border trade? If you are concerned that you may not continue to enjoy smoothborder crossings… We don’t blame you!

 

Given the uncertain direction of U.S. international trade – but knowing that things are not likely to get easier for U.S. trading partners – now is an excellent time to do what you can to solidify your position and reputation as a solid and trusted trade partner.

This summer, Cole International had the pleasure of coordinating the transport of a piece of Canadian maritime history. The 800-pound hand-carved wooden figurehead was built to grace the bow of a sailing ship with a story that began over 140 years ago in a small port town in New Brunswick.

 

The Prince Victor, a classic three-masted sailing schooner, was built by Vail and Moran Shipbuilders in St. Martins, New Brunswick in 1870. The ship sailed around the world and changed ownership several times over 17 years of service on the seas.

 

Because the actual use of imported goods is often not realized until after importation, importers may file for duty refund once a qualifying end-use is determined.