A new "NAFTA"... The USMCA
After more than a year of intense meetings and negotiations, Canada, the U.S. and Mexico have tentatively settled on a trade deal to replace NAFTA. In the final round of meetings that concluded at the end of September, the United States-Mexico-Canada Agreement (USMCA) was unveiled, sporting changes in the following.
U.S. Steel and Aluminum Surtax
As many Canadian importers know, Canada applies a surtax to many goods of U.S. origin that were previously duty-free, including steel and aluminum. This was done as a countermeasure to the U.S. adding tariffs on many Canadian products in 2018.
Canadian Customs Bonds
If you are involved in the import, export, manufacturing, sales or distribution of goods in Canada, you may need a Canadian customs bond in order to move your goods across the border.
7 fun facts you didn't know about the shipping industry
Shipping is a global industry that has influenced our society since ancient times... but that most people give little thought to. It hardly seems fair to take it for granted, though, given the indispensable role it plays in our lives.
