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Trade Updates

We’re more than just a customs broker – we’re knowledge leaders. Stay compliant with Customs, and save on your bottom line with recent trade updates.

China Imposes 73.5% Tariff on Canadian Pea Starch

China’s Ministry of Commerce issued a preliminary ruling on June 30, 2026, finding that Canadian pea starch imports were dumped and caused material injury to China’s domestic industry. A 73.5% cash deposit applies to all Canadian exporters starting July 1, 2026. The investigation began in August 2025 and continues, with a 10-day period for written comments to MOFCOM.

U.S. Declines to Renew CUSMA

USTR Ambassador Jamieson Greer confirmed the U.S. did not agree to renew USMCA in its current form during the Agreement's mandatory 2026 joint review. The decision prevents an automatic 16-year extension, but the trade pact remains in force while annual reviews and negotiations continue. Unless the three countries later agree to extend it, USMCA is scheduled to expire on July 1, 2036.

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125 Years. Four Generations. One Border.
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Before computers and the internet, before the Wright brothers’ first flight, even before the first North American automobile, George Henry Young founded GHY to unbind the chains of supply and help traders prosper. That same purpose drives us today.

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