Trade Updates
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eFiling Final Rule for Certificates of Compliance (CPSC Webinar & Registration Info)
The CPSC finalized a rule requiring electronic filing of Certificates for most imported consumer products, effective July 2026. Importers can register early to test systems and prepare for compliance. A virtual webinar will provide guidance on submission options, deadlines, and best practices for smooth transition.
Canada Releases List of Steel Derivative Products Subject to 25% Tariff (Updated)
Canada will impose a 25% surtax on steel derivative products starting December 26, 2025. The list includes structural components, wires, fencing, chains, fasteners, springs, furniture, lighting, and prefabricated buildings. The CBSA confirmed the surtax applies to all goods under these tariff codes, even without steel, with exemptions and remission considered case by case.
U.S. Extends Duty-Free Access for Israeli Agricultural Products Through 2026
The U.S. extends duty-free access for Israeli agricultural products through December 31, 2026. Updated HTSUS Chapter 99 quotas and technical corrections ensure continued compliance under the U.S.–Israel Free Trade Area while permanent revisions to the 2004 agricultural agreement are implemented.
U.S. Tariffs on Lumber, Upholstered Furniture & Related Imports (Updated)
On December 31, 2025, President Trump signed a Proclamation delaying tariff increases on imported upholstered furniture, kitchen cabinets, and vanities. Current 25% tariffs will remain through 2026, with increases now scheduled for January 1, 2027, while trade negotiations with international partners continue.
Canada Updates Forced Labour Reporting Guidance and Launches 2026 Reporting Cycle
Public Safety Canada opened the 2026 reporting cycle under the Supply Chains Act, set May 31, 2026, as the deadline, and released updated guidance clarifying requirements. A list of entities with published reports is available, with quarterly updates planned.
Canada Finalizes Anti-Dumping Determination on Carbon and Alloy Steel Wire
The CBSA confirmed dumping of carbon and alloy steel wire from 12 countries, with margins from 5.7% to 158.9%. Provisional duties have been applied since September 4, 2025, and will continue until the CITT issues its final injury decision by January 2, 2026
CBSA Extends Administrative Review for Chinese Mattresses (MAT 2025 UP2)
CBSA has extended its administrative review of certain Chinese mattresses under MAT 2025 UP2. The revised schedule updates deadlines for record closure, case arguments, and reply submissions. The review now concludes on February 24, 2026, affecting key exporters including Sinohome, Dormeo, and Sinomax.
Canada FOP Nutrition Labelling Mandatory for Most Prepackaged Foods From Jan. 1, 2026
Canada will require front-of-package nutrition symbols on most prepackaged foods high in saturated fat, sugars, or sodium starting January 1, 2026. The rules define nutrient thresholds, exemptions, and symbol presentation, helping manufacturers and importers ensure compliance and avoid border or in-market issues.
CBP Provides Unstacking Tariff Chart
CBP has released the Unstacking Certain Tariffs Chart to help importers identify which Presidential Proclamations and Executive Orders may apply to their products and whether multiple tariffs could “stack.” The chart is informational only, and importers must review the official legal authorities and exercise reasonable care in declaring applicable HTSUS classifications.
U.S. Lowers Tariffs to 15% in Historic Trade Deal with Switzerland and Liechtenstein (Updated)
The U.S., Switzerland, and Liechtenstein have agreed on a trade framework with 15% tariffs to boost exports, investment, and U.S. jobs. Update: USTR’s Federal Register notice makes certain tariff reductions retroactive to 12:01 a.m. ET, November 14, 2025. CBP issued guidance on applying the modified rates under the trade framework.
CEO & President’s Message: Honouring Our People and Clients, Supporting Our Communities
GHY reflects on a year of resilience, collaboration, and growth, celebrating the integration of W.G. McKay and the dedication of clients, partners, and associates. We also highlight our support for local communities in Canada and the USA and extend warm holiday wishes to all.
Canada Seeks Input on New Trade Agreement Negotiations
Canada launched public consultations on four free trade agreement negotiations with India, the United Arab Emirates, Thailand, and Mercosur. The consultations support Canada’s export diversification strategy and invite businesses and stakeholders to shape negotiating priorities through submissions open until January 27, 2026.
USTR Issues Section 301 Tariff Action on Nicaragua Starting Jan. 1, 2026
The USTR has announced Section 301 tariffs on Nicaraguan imports due to labor rights, human rights, and rule of law concerns. Effective January 1, 2026, tariffs will phase in over two years for goods not originating under the CAFTA-DR agreement, starting at 0% in 2026 and increasing to 15% by 2028. These measures will stack with existing trade remedies, including the 18% Reciprocal Tariff. Importers should review CAFTA-DR eligibility and plan for compliance with new trade regulations.
USTR Seeks Public Input on USMCA Automotive Rules
The U.S. Trade Representative is requesting public comments on USMCA automotive rules to inform its third biennial review. Feedback will address compliance, regional value content, labor and material requirements, enforcement, and relevance to new technologies, including electric vehicles. Comments are due by January 7, 2026, via the USTR portal.
U.S. Confirms South Korea’s 15% Tariff Rate Retroactive to Nov. 14 (Nov. 1 for Autos)
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 .
Canada Issues Final Dumping Determination on Certain Carbon and Alloy Steel Wire
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 Revisions to the Valuation for Duty Regulations
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.
U.S. Exempts U.K. Pharmaceuticals from Section 232 Tariffs
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.
CBSA Releases Guidance on Duty Remission for FIFA 2026 Imports
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 Releases Regulations for Free Trade and Labour Mobility Act
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.
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