Exporting to the U.S.? What you need to know about antidumping and countervailing duties.
Antidumping and countervailing duties (AD/CVD) are customs charges aimed at counteracting artificially low prices on foreign goods by eliminating unfair price advantages. Antidumping duties combat the practice of dumping – when imported goods are priced so low as to intentionally lose money and out-compete.
Looking to reduce the costs of doing business? Who isn’t?
Companies ship their products down the street and around the world every day. In fact, shipping can be one of the more substantial expenses for a business – small or large. And in today’s competitive global marketplace, you need to keep on top of your expenses and be on the lookout for creative ways to reduce the.
Should I maintain my own HS Classification database?
We defer to experts for all kinds of things: maintaining our cars, fixing our computers, filing our taxes. It takes the guesswork out of these specialized jobs and gives us peace of mind that someone knowledgeable is taking care of us. But, whether you are a big or small business, you’re also looking for ways to save.
What are the new SOLAS Requirements for Verified Gross Mass?
This summer, the International Maritime Organization adopted amendments to the Safety of Life at Sea Convention (SOLAS) aimed at enhancing maritime safety and reducing risks in ocean freight transport. Included in these amendments are new rules pertaining to the verification of the weight of packed shipping containers.
Tariff Classification – Do your homework and get it right the first time.
“Quality is never an accident. It is always the result of an intelligent effort.” - John Ruskin, Art Critic and Writer Proper tariff classification is the foundation of import and export trade compliance. The Harmonized Commodity Description and Coding System (also known as the Harmonized System, or HS) is the.
The Comprehensive Economic and Trade Agreement (CETA) has been signed!
October 30, 2016, marked an auspicious day for the future of trade between Canada and the European Union (EU). That day, leaders on both sides signed the Comprehensive Economic and Trade Agreement (CETA).
My shipment isn’t that valuable. Should I bother to insure it?
Yes! A lot of people don’t purchase freight insurance because they think it’s unnecessary: their cargo is indestructible, it’s not attractive to thieves, or it’s not valuable enough to warrant the protection offered by insurance. But… Insuring your shipment is always advised. Even if your goods aren’t worth a great.
Why is my international shipment delayed again?
Delays along the shipping chain can be exasperating and can make a business owner feel helpless. Although many factors can conspire against a smooth shipping experience, being in the know about what they are – and being prepared to respond to them – can put you back in control.
Why are freight rates so volatile – particularly those from China?
One of the biggest challenges facing importers is uncertainty around shipping rates. Plagued by slow global trade and shipping overcapacity, 2015 was one of the most volatile rate periods in recent history. Many factors contribute to freight price fluctuations. Knowing the reasons for this volatility can help you, the.
Duty Valuation – What is it?
As an importer of goods into Canada, it’s important to have a basic understanding of the overall import process, along with the rules and regulations that govern it. A key consideration with respect to importing goods into Canada is assessing the proper Duty Valuation (or “value for duty”). The Canada Customs Act.
