A new "NAFTA"... The USMCA
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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
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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
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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
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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.
off·shor·ing
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/äfˈSHôriNG/ noun the practice of basing some of a company's processes or services overseas, so as to take advantage of lower costs. In today’s fast-paced and ultra-connected world, many companies are offshoring aspects of their business to cut costs. This is all fine and good when those savings are passed on to you,.
Importing into the U.S. and the “Reasonable Care” requirement
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The process of clearing goods through U.S. customs can seem a bit cumbersome and confusing. In this blog, we’ll aim to clarify the legal requirement to use “reasonable care” when importing goods into the U.S.
CBSA’s latest Targeted Verification Priorities is out. Are your goods on the list?
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The Canada Border Services Agency (CBSA) targets specific industries and products for extra attention at the border to ensure importers are compliant with requirements for tariff classification, product valuation and country of origin.
Country of Origin and Why It Matters
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(hint: it may not be the U.S.) Country of origin is an important piece of information on all import documents. Even more so now, with increasingly more U.S. products being subject to duties in the ongoing “trade war” between our two countries. Incorrectly indicating the U.S. as the country of origin could mean you'll.
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