Howard Lutnick, Trump’s nominee for Commerce Secretary, signaled a crucial turning point in U.S.-Mexico-Canada trade by outlining a two-phase tariff plan that ties economic penalties to border security, immigration, and drug enforcement, with initial trade tariffs expected within days and broader tariffs in the spring.
The CBSA has announced temporary relief from late payment penalties and interest until March 31, 2025, with key dates set for penalties and collection measures to resume.
Discover the key updates in the USMCA Interim Final Rule effective March 2025, including new regulations for automotive goods, textiles, and trade compliance. Learn how these changes impact vehicle certifications, recordkeeping, and duty programs.
President Donald Trump announced plans to impose 25% across-the-board tariffs on Canadian imports starting February 1, citing concerns about migration and fentanyl crossing the border. The announcement came during an Oval Office signing ceremony Monday evening, where Trump outlined his intention to overhaul the trade system to prioritize American workers and families.
Canada Customs has issued a reminder regarding the transition measures which provided temporary relief from late accounting penalties will end on January 19, 2025.
Winnipeg Free Press columnist Martin Cash highlights GHY International's historic transition to majority ownership by Halifax-based SeaFort Capital. With a focus on preserving the Winnipeg company’s 124-year legacy, CEO Rick Riess ensured local roots and values remain central to the deal. Read more about the community-focused sale and what it means for Winnipeg’s business landscape.
GHY is proud to announce that it has received a majority investment from SeaFort Capital, a Canadian private equity firm. This investment includes Geo. H. Young & Co. Ltd. and GHY USA Inc., marking a pivotal moment in the company’s history.
DHS expands the Uyghur Forced Labor Prevention Act (UFLPA) Entity List to 144, adding 37 companies linked to forced labor in Xinjiang, effective November 25, 2024. Find out if your imports are affected.
Effective January 21, 2025, steel importers must report the Country of Melt and Pour (COM)—where raw steel is first melted and poured—through the Single Window Integrated Import Declaration (SW IID) as a mandatory condition for import compliance.
CBP’s new proposed rule on low-value (de minimis) shipments could reshape trade—discover how these changes aim to curb illicit activity, enhance transparency, and challenge importers to rethink their compliance strategies.
Established in 1901, GHY International is a leading trade and brokerage services provider that offers acclaimed support and guidance to North American companies that trade internationally.
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