Trade Talk
We know the complex business of importing and exporting goods and we’re here to make it simple for you with our Trade Talk Blog.
Recent Posts
Canada Extends Temporary Suspension of Federal Fuel Excise Tax to January 2027
U.S. Imposes New Section 232 Tariffs on Unmanned Aircraft Systems and Components (CBP Guidance Available)
CBP Seeks Input on Heightened Import Disclosure Requirements
CBSA Initiates Dumping and Subsidy Investigations on Truck and Bus Tires From China
U.S. Adjusts Section 232 Metal Tariffs (Copper Smelt and Cast Country Detail Error Code Update)
Importing Regulated Engines, Vehicles, Vessels, and Machines into Canada
Did you know that all importers are now responsible for, and required to submit their import declarations for engines, vehicles, vessels, and machines into Canada? Read on to find out everything you need to know on essential compliance, importation declaration requirements and much more.
Understanding the Administrative Monetary Penalty System (AMPS)
Canada's Administrative Monetary Penalty System allows CBSA to issue penalties for designated customs and trade violations. Learn who can receive an AMPS penalty, how penalties are assessed, how to appeal an NPA, and how importers can improve customs compliance.
Section 321 De Minimis: What Importers Need to Know Now That the Exemption Is Suspended
U.S. de minimis rules have changed significantly. Duty-free Section 321 treatment remains suspended, and Entry Type 86 is no longer available. Learn how importers must handle formal and informal entries, postal shipments, applicable duties, and landed costs under the current rules.
The True Cost of Importing a Vehicle into the U.S.
Importing a vehicle into the U.S. involves more than the purchase price. Learn about import duties, Section 232 tariffs, customs bonds, compliance costs, shipping, insurance, brokerage fees, and state registration expenses that can affect the total cost.
How to Import for a Trade Show: A Guide for Canada and the U.S.
Importing goods for a trade show requires careful planning and adherence to specific regulations, especially when dealing with cross-border transactions in countries like Canada and the U.S. This article will guide you through the essential steps and provide checklists to ensure a smooth import process for your next trade show.
One Border One Broker™: Unveiling the Hidden Similarities of Cross-Border Trade
Dive into GHY's 'One Border One Broker™' philosophy and promise, embodying our dedication to unified customs solutions across the Canada-USA border. Read on to explore how our expertise can streamline your cross-border operations.
Uncovering Tariff Misclassification – A Case Study on Duty Recovery
Jump into this success story and discover how we turned a $150,000 duty burden into significant savings for a manufacturing and importing business. Read on to learn how our expertise can potentially benefit your cross-border operations too!
Labeling Requirements for U.S. Imports
Do you know how labels should be applied to meet U.S. regulations when bringing/importing goods into the country? Read on because this post will dive into the information that must appear on items entering the United States and other important label considerations. We'll also provide insight into any special requirements concerning specific types of imported goods.
An Importer’s Guide to Customs Valuation
When importing goods into Canada, understanding customs valuation is essential to ensure compliance with Canadian law. Read on to learn about customs valuation and the 6 methods for the valuation of your imported goods.
10 Tips for Importers To Stay Afloat During Inflation
With inflation rising in many parts of the world, staying afloat can be difficult. Many factors can affect your operations, from dealing with higher direct costs to less disposable incomes. Here are 10 tips to help you sustain your business during these uncertain times.
An Importer’s Guide to HTS Codes
As an importer, a lack of knowledge or familiarity with HTS codes can have very real consequences for you. This guide will cover everything related to HTS code to arm you with the information necessary for successful importing!
10 Tips for Managing Time-Sensitive Imports
Managing imports can be challenging, especially when it comes to time-sensitive shipments. We've put together 10 helpful tips to help you overcome the obstacles likely to get in the way of successfully importing your time-sensitive goods. Read on to learn more.
Certificate of Origin: What it is and Why it’s Important
As an importer, staying organized and on top of compliance regulations is essential to guarantee the successful import of your goods. One way to do this is by obtaining a Certificate of Origin (CO). Read on to learn why and when you need one and how it is key for ensuring a smooth importation process.
Import Tax and Customs Duty: 10 Mistakes You Want to Avoid
Are you importing goods into the U.S.? Read on because this post will dive into 10 common duty and tax mistakes you can avoid — ensuring your import process happens without a hitch.
How to Save Money on Your Next Import
Are you looking for ways to save money on your next import? Read on to learn about the various strategies and tips you can employ to reduce expenses when importing goods into the U.S. or Canada.
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