We hear concerns from importers and exporters every day. Concerns such as… "My carrier had to wait at the border, causing delays for not just my shipment but all the shipments on the truck." "My air shipment arrived and was not accepted by CBSA so it didn’t clear until the next day. I might as well have sent it by.
February 2017 update We published a blog on this same topic just a few months ago (Change is in the air) and thought we should provide a few updates on developments that have occurred since. With a new U.S. administration in place, there are bound to be ongoing effects to the import/export community so check back for.
Donald Trump’s administration is talking about introducing a 20% “border tax” on imports to the U.S. to help pay for the proposed wall along the U.S.-Mexico border. At this point, the tax is theoretical but apparently would apply to imports from countries with whom the U.S. has a trade deficit. If this holds true,.
New leader, new direction With every new administration come new policies, and the recently-anointed President Trump’s government is no exception. And, although Trump has been outspoken about some of his planned changes, it’s still not clear if or when they will become reality.
Trump doesn’t like NAFTA *USMCA/CUSMA replaced NAFTA on July 1st, 2020. Read More... 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.
The Canada-EU Comprehensive Economic and Trade Agreement February 2017 update 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.
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.
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. A Historic New Brunswick.
Here is another important piece of information for importers of goods into Canada: Certain dutiable goods can be brought into the country duty-free when the importer supplies attestations that the goods are being imported for specific end-uses. A certificate or record detailing the end use of the good must be.
Paying duty on imported goods is a fact of life. Or is it? You may already be aware of duty exemptions under Free Trade Agreements or Most Favoured Nation status among WTO countries, but duty breaks don't end there. There are actually more opportunities for duty exemption than many importers realize. Oftentimes,.