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

Trade Updates

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Canada Vows to Fight ‘Unjustified’ Softwood Lumber Duty Hikes

May 25th, 2021|International Trade Issues, Other Government Agencies/Depts.|

Importer of Canadian softwood lumber? A big hit is potentially on its way with a proposed increase to countervailing and antidumping rates currently levied against four of Canada’s top producers, in addition to more than doubling the combined “All Others” rate to a whopping 18.32%. Find out all the details and impacts of this potential action.

De Minimus Thresholds Under USMCA

November 16th, 2019|Canada Customs, Trade Compliance, U.S. Customs|

Frequently highlighted by many as a positive outcome from renegotiation of the North American Free Trade Agreement, the new trade deal between the Canada, Mexico and the United States raised the so-called de minimus thresholds under which low-value parcels can be imported duty/tax free, usually with a simplified customs process.

Canadian Duty Drawbacks: A Risk-Free Way to Recover Money

July 18th, 2019|Canada Customs|

Duty drawback is a customs program administered by the Canada Border Services Agency that is designed to help Canadian companies be more competitive in the global marketplace by allowing them to fully recover the duties, taxes and other fees paid on imported goods that are later exported from the country under certain conditions.

Modernizing De Minimus: Upcoming New ‘Section 321’ Requirements for Truck Shipments

November 6th, 2018|Logistics & Supply Chain Management, Trade Compliance, U.S. Customs|

As part of an effort to modernize the handling of certain low-value imports, U.S. Customs and Border Protection has announced that beginning next year all commercial truck shipments containing “Section 321 merchandise” will be required to file an advance electronic manifest in accordance with the guidelines specified in the Trade Act of 2002.

Ask George: What’s The Democratic View on Free Trade?

December 6th, 2017|International Trade Issues, U.S. Customs|

The 2016 Presidential Election was among the most divisive in US history. On November 8,2016, President Donald J. Trump prevailed over former Secretary of State Hillary Rodham Clinton, to secure the presidency until the 2020 election. Among the more popular tenets of his platform was a firm stance on international trade, which was often referred to as...

Ask George: What’s The Republican View on Free Trade?

November 22nd, 2017|International Trade Issues, U.S. Customs|

The 2016 Presidential Election was among the most divisive in US history. On November 8,2016, President Donald J. Trump prevailed over former Secretary of State Hillary Rodham Clinton, to secure the presidency until the 2020 election. Among the more popular tenets of his platform was a firm stance on international trade, which was often referred to as an “America-first” policy.

Using Key Performance Indicators to Manage for Compliance Success

October 28th, 2015|Risk Management, Trade Compliance|

In our latest white paper we examine how leading traders use KPIs to track a range of trade compliance variables; both those which support their routine functions and operational business objectives, but also more existential ones that are more broadly aligned to the organization’s vision, mission, values, strategy, risk intelligence, and brand reputation.

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