CARM Update: Canadian Importers Required to Post Financial Security Before April 19
Importers should ensure they are fully registered in the CARM system, comply with financial security requirements, and review their accounts in the CCP to avoid delays, penalties, or interest.
The WTO Launches Revamped Tariff & Trade Data Platform
By consolidating and simplifying access to trade statistics, the updated platform aims to improve data transparency and facilitate decision-making in international trade.
The U.S. Initiates an Investigation into Timber and Lumber Imports
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The investigationis part of a broader U.S. strategy to ensure that industries critical to infrastructure and national security remain competitive and self-sufficient.
CBSA Begins Implementing United States Surtax Order (Steel and Aluminum 2025)
With the 25% surtax now in effect, Canadian businesses are encouraged to explore relief options and risk mitigation strategies. They must also take proactive steps to ensure compliance with the new regulations.
CBP Releases Enforcement Guidelines for 25% Tariffs on Steel and Aluminum Imports
U.S. businesses importing steel and aluminum must verify tariff classifications, provide accurate origin documentation, and adjust their customs reporting to avoid penalties or shipment delays.
China Announces New Tariffs on Canadian Agricultural Imports Effective March 20
The tariffs are a result of China’s anti-discrimination investigation into Canadian imports. A separate anti-dumping investigation into Canadian canola imports remains ongoing and is expected to conclude by September 2025.
The U.S. and Canada Announce a Temporary Tariff Suspension until April 2, 2025
With this tariff suspension being temporary, importers in the U.S. and Canada are encouraged to prepare for possible trade policy changes before the new deadline.
Temporary Extension of De Minimis Exemptions for Canadian and Mexican Imports
This temporary exemption will allow U.S. businesses to continue importing low-value goods from Canada and Mexico without additional duties.
Trump Announces U.S. Tariffs on Canadian Imports to Commence March 4
As the March 4 deadline approaches, both nations are preparing for the economic and political effects of the looming tariffs. Businesses and consumers on both sides of the border will likely feel the most impact.
USTR Proposes Fees of up to $1.5 Million on Chinese Ships Entering U.S. Ports
The move to increase fees will determine how North American trade routes evolve and whether U.S. importers will need to make adjustments to their supply chains.
