Trade Updates2025-04-03T17:17:19+00:00

Trade Updates

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Updated Guidance on U.S. Import Duties for Steel, Aluminum, and Derivative Products

March 12th, 2025|Risk Management, Trade Compliance, U.S. Customs|

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.

Comments Period Open on Investigations into Lumber/Timber Imports – Have Your Say

March 11th, 2025|International Trade Issues, Other Government Agencies/Depts., U.S. Customs|

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.

Duty-Free Import Guide: U.S. Agricultural & Horticultural Equipment

March 10th, 2025|Other Government Agencies/Depts., Trade Compliance, U.S. Customs|

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.

China’s Retaliatory Tariffs on Canadian Goods – Effective March 20, 2025

March 10th, 2025|Canada Customs, International Trade Issues|

China has announced new tariffs on Canadian imports in response to Canada’s trade restrictions, imposing 100% tariffs on canola oil, oilseed meal, and peas, and 25% tariffs on seafood and pork effective March 20, 2025. This escalating trade war between China and Canada threatens key industries, impacting agriculture, seafood, and global supply chains.

Guidance on Additional Tariffs – Canada, Mexico, and China, Steel and Aluminum Imports

March 5th, 2025|International Trade Issues, Risk Management, Trade Compliance, U.S. Customs, U.S. Tariffs|

We've provided detailed guidance on new tariffs effective March 4, 2025, covering imports from Canada, Mexico, and China. These include a 25% tariff on most goods, a 10% tariff on Canadian energy products, and an increase on Chinese imports from 10% to 20%. Steel and aluminum imports are subject to a 25% tariff, while Russian aluminum faces a 200% tariff. Limited exemptions apply under HTS provisions. Details here.

Important Update – New Tariffs (U.S. & Canada)

March 4th, 2025|Canada Customs, Canada Surtax, GHY Messages, International Trade Issues, U.S. Customs, U.S. Tariffs|

The U.S. imposed new tariffs on Canada, Mexico, and China starting March 4, 2025, with no exemptions. Canada responded with 25% tariffs on $30 billion in U.S. goods, with a possible second phase. These tariffs override USMCA benefits, and importers must reassess customs surety bonds to meet rising duty obligations.

U.S. Investigation into Lumber/Timber Imports Could Lead to Tariffs

March 4th, 2025|International Trade Issues, Other Government Agencies/Depts., U.S. Customs|

The U.S. has launched a Section 232 investigation into the national security risks posed by timber and lumber imports, citing concerns over foreign dependence, supply chain vulnerabilities, and unfair trade practices. The probe, expected to conclude within 270 days, may lead to tariffs, export controls, or incentives to strengthen domestic wood production and safeguard economic stability.

U.S. Launches Investigation into Copper Imports

March 4th, 2025|International Trade Issues, Other Government Agencies/Depts., U.S. Customs|

The U.S. has launched a Section 232 investigation into the national security risks of copper imports, citing concerns over foreign dependence, supply chain vulnerabilities, and economic stability. The probe could lead to tariffs, export controls, or incentives to strengthen domestic production, with findings expected within 270 days.

U.S. 25% Tariff on Canada and Mexico Imports In Effect March 4th

March 3rd, 2025|Risk Management, Trade Compliance, U.S. Customs, U.S. Tariffs|

Trump’s executive order imposing a 25% tariff on Canadian and Mexican imports and a 10% levy on Canadian energy goes into effect March 4th, 2025. In response, Canada will follow through with applying its $155 billion retaliatory tariff package, escalating trade tensions across North America and raising concerns over economic disruptions, particularly in the manufacturing, energy, and agricultural sectors.

New U.S. Trade Measures Target China’s Shipping and Logistics Policies

February 26th, 2025|International Trade Issues, Logistics & Supply Chain Management, U.S. Customs|

The U.S. is proposing new trade measures targeting China’s maritime and logistics policies, citing unfair competition and restrictions on U.S. commerce. Proposed actions include substantial fees on Chinese shipping operators, incentives for U.S.-built ships, and restrictions on China’s logistics platform, with public participation open until March 24.

U.S. 25% Tariff on Canada and Mexico Imports In Effect March 4th

February 26th, 2025|Risk Management, Trade Compliance, U.S. Customs, U.S. Tariffs|

Trump’s executive order imposing a 25% tariff on Canadian imports and a 10% levy on energy was delayed until March 4 after Canada agreed to new border security measures. At a White House press conference with French President Emmanuel Macron on February 24, 2025, Trump confirmed, “The tariffs are moving forward as planned, on schedule.”

‘Chaotic moment’: How Trump threw a wrench in the gears of Canadian e-commerce

February 12th, 2025|Canada Customs, Risk Management, Trade Compliance, U.S. Customs|

The sudden shift in trade policy has left businesses scrambling to adapt. “Calling it disruptive is an understatement,” said Mackenzie West, GHY's Director of Market Development, who was featured in this Financial Post article as companies rushed to reevaluate inventory, pricing, and supply chains. Behind the scenes, warehouses and logistics providers struggled to comply with the de minimis cancellation, delaying shipments and clogging fulfillment centers.

U.S. Tariffs on Steel and Aluminum Imports In Effect March 12, 2025

February 11th, 2025|Risk Management, Trade Compliance, U.S. Customs, U.S. Tariffs|

The U.S. has reinstated and expanded tariffs on steel and aluminum imports, imposing a 25% duty on all shipments effective March 12, 2025. This move removes previous exemptions for key trading partners like Canada, Mexico, and the EU, prompting industry-wide concerns over rising costs, supply chain disruptions, and potential trade retaliation.

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