The U.S. confirmed tariff changes on South Korean goods under the U.S.–Korea Strategic Trade and Investment Deal. Tariffs on automobiles and parts are retroactive to Nov. 1, 2025, while other goods take effect Nov. 14. Duties under 15% are capped at 15%, with higher rates unaffected. Update - Changes to Reciprocal Tariff HTS number for reporting 15% duty .
CBSA finalized dumping duties on carbon and alloy steel wire from China, India, Italy, Vietnam, Malaysia, Portugal, and other countries. Provisional duties remain until the CITT issues its injury ruling by January 2, 2026, protecting domestic industry during the inquiry.
Have your say on CBSA’s Valuation for Duty Regulations! Canadian importers are invited to provide feedback on revised amendments to the Valuation for Duty Regulations, ensuring fair and clear rules for importing goods into Canada. Participate by email or survey before January 23, 2026, and help shape regulations that impact import compliance, duty valuation, and trade competitiveness.
The U.S. and U.K. reach a pharmaceutical trade agreement. U.K. drugs and medical technology are exempt from U.S. tariffs, while the U.K. increases payments for new medicines. The deal strengthens supply chains, encourages investment, and supports fair pricing for American patients.
Canada released Customs Notice 25-30 detailing how importers can claim duty and tax relief on goods tied to the 2026 FIFA World Cup. The update sets rules for temporary and permanent imports, documentation, eligibility, and new CARM authority codes.
Canada released regulations for the Free Trade and Labour Mobility in Canada Act, outlining how federal rules will recognize provincial standards, support labour mobility, and preserve key exemptions for food safety and supply-managed sectors. The Act takes effect on January 1, 2026.
The Canadian Food Inspection Agency now issues electronic phytosanitary certificates for grain exports to Mexico. The digital system reduces fraud and delays, supports trade efficiency, and strengthens Canada-Mexico commercial ties under the 2025–2028 Action Plan.
On Nov. 20, 2025, the White House removed Brazil tariffs on beef, coffee, and other Brazilian agricultural products previously subject to a 40% levy. CBP confirms 238 HTSUS codes and 11 additional product categories are now removed from the tariff list, effective Nov. 13.
The White House expanded U.S. tariff exemptions for agricultural products on November 14, 2025. CBP guidance covers 237 HTSUS classifications and 11 additional categories, including tropical fruits, acai, coconut water, and baked goods. Importers must use designated subheadings for smooth compliance.
The U.S. and Guatemala agreed on a trade framework to strengthen CAFTA-DR. Guatemala will reduce trade barriers, improve regulations, enforce IP and labor standards, support digital trade, and the U.S. will remove tariffs on qualifying Guatemalan exports.
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.