The U.S. Introduces New Import Tariffs as of April 5 to Address Trade Deficits
These new tariffs will remain in effect until the U.S. President determines that the conditions contributing to trade deficits have been satisfied, resolved, or mitigated.
CARM Financial Security Deadline Extended to May 20
This extension will provide commercial importers additional time to complete the necessary steps and avoid potential disruptions to their operations.
U.S. to Impose 25% Tariffs on Imported Automobiles and Parts Starting April 3
This move follows a proclamation signed by President Donald Trump under Section 232 of the Trade Expansion Act of 1962, which allows for import restrictions when foreign competition is considered a threat to national security.
The U.S. Imposes Tariffs on All Countries Importing Venezuelan Oil
This move introduces a broader application of tariffs by targeting all imported goods from the affected countries instead of focusing on specific industries.
CBP Publishes Updated FAQs on Section 232 Tariffs
The FAQs serve as an important resource for importers navigating the revised rules, classifications, and exclusion procedures under the updated tariff framework.
ILA-USMX Agreement Secures Six Years of Stability for U.S. East and Gulf Coast Ports
For businesses that rely on U.S. East and Gulf Coast ports to ship their goods, this agreement provides certainty and maintains the efficient movement of goods.
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
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.
