Canada’s newest Free Trade Agreement with Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam is scheduled to be implemented Jan 1 2019. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will eliminate duty on most products immediately, with the remainder being staged to duty free over a number of years….
Tag: Trade
Transpacific Eastbound Update
Source: JoC “China trade tariffs drove an early start to the ocean trans-Pacific peak season, but with the latest tranche of China trade tariffs increasing to 25 percent on Jan. 1, demand remains high. The pending tariffs generated a front-loading of holiday season merchandise in late summer and early autumn. Now, the specter of 25…
New Canadian Food Safety Regulations Effective January 15, 2019
On January 15, 2019, the Canadian Food Inspection Agency (CFIA) and Government of Canada will implement new food safety regulations that affect parties processing, importing and/or handling food and related products for human consumption. The Safe Food for Canadians Act (SFCA) and Safe Food for Canadians Regulations (SFCR) are intended to modernize food safety in…
U.S. Miscellaneous Trade Bill Temporarily Reduces Duty for Some Imports
On September 13, 2018, Miscellaneous Tariff Bill (MTB) of 2018 was signed into the law by the President. Included in the bill are temporary duty reductions for certain products imported into the U.S. between October 13th, 2018 and December 31st, 2020. This type of trade bill is used for products that are designated ‘non-controversial’ or…
U.S. Confirms 25% Duty on $16 Billion of Additional Chinese Products
Based on its Section 301 investigation into Chinese trade practices, the Office of the U.S. Trade Representative (USTR) has confirmed it will implement a 25% duty on a second list (‘List 2’) of Chinese products valued at $16 billion. The updated list of Chinese products covered by this second phase is available here. This second…
U.S. Considering Increase in Section 301 Duties to 25% on Chinese Imports
The Office of the U.S. Trade Representative (USTR) has been asked by the President to consider an increase in additional Section 301 duties to be assessed against $200 billion in Chinese imports. The applicable products related to this possible duty increase may be found here. This is the third list (‘List 3’) of Chinese products…
