Guidance on complying with Section 232 duties for steel and aluminum derivative products, including a Derivatives Worksheet and additional resources, such as CBP’s Section 232 FAQs (updated), for further clarification on duty assessments and reporting obligations. Note: There has been an update to reporting guidance on the country of smelt and cast if unknown.
The newly issued executive order imposes a 25% tariff on imports from any country purchasing Venezuelan oil, either directly or indirectly, as part of a broader strategy to pressure the Maduro regime and curb transnational crime. This policy, effective April 2, 2025, aims to reinforce existing sanctions while addressing national security concerns linked to Venezuela’s alleged support for illicit activities.
The Government of Canada is seeking public input on potential trade measures to protect the domestic steel industry from diverted imports triggered by recent U.S. trade actions. Have your say by submitting feedback before April 21, 2025, to help shape a fair and competitive market.
The CBSA has updated Customs Notice 25-05 to reflect amendments regarding compliance with the China Surtax Remission Order (2024).
Understanding Canada’s surtax regulations can be complex, especially regarding exemptions under Chapters 98 and 99 of Canada’s Customs Tariff. We provide clarity on these regulations, ensuring importers navigate the 25% surtax on U.S.-origin steel, aluminum, and select goods effective March 13, 2025, while reviewing tariff classifications and customs surety requirements to maintain compliance and avoid shipment delays.
Commerce has finalized antidumping duties on disposable aluminum containers from China and countervailing duties on thermoformed molded fiber products from Vietnam, citing unfair trade practices. The U.S. International Trade Commission (ITC) will now determine if these imports have materially harmed domestic industries, with final duties to be enforced if an affirmative ruling is issued.
Canada is imposing $30 billion in retaliatory tariffs on U.S. goods, starting March 13, 2025. Phase one includes a 25% tariff on $30 billion in imports, with a second $125 billion phase pending public comments until March 25. These tariffs override USMCA duty-free benefits, and importers must ensure sufficient customs surety bonds to avoid shipment delays. Full list of U.S. goods/imports affected are detailed.
Updated guidance on steel and aluminum tariffs, effective March 12, 2025, detailing tariff classifications, duty rates, reporting requirements, and compliance measures under Section 232. Detailing specific Harmonized Tariff Schedule (HTS) codes, quota regulations, foreign trade zone provisions, and enforcement expectations to ensure accurate reporting and adherence to trade regulations.
Commerce is seeking public input on its Section 232 investigations into copper and timber imports, with a comment period open until April 1, 2025. Stakeholders can submit their views, data, and analyses through the Federal rulemaking portal, addressing issues such as domestic production capacity, foreign supply chain risks, and potential trade policy measures. Have your say - details here.
This guide outlines how agricultural and horticultural equipment can qualify for duty-free import under U.S. Customs tariff codes 9817.00.50 and 9817.00.60. By meeting specific classification criteria and providing the necessary documentation, importers can ensure compliance and take advantage of cost-saving benefits for eligible machinery and equipment.
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.
Proud to partner with Canadian Manufacturers & Exporters.
Copyright © GHY International | Geo. H. Young & Co. Ltd.