U.S. raises tariffs on imports of aluminum and steel to 50% effective June 4
The President of the United States of America, Donald Trump, has issued a new proclamation raising tariffs on steel and aluminum imports into the United States to 50 percent.
Global air cargo demand increased by 5.8 percent in April
According to data for April released by the International Air Transport Association (IATA) global air cargo total demand, measured in cargo tonne-kilometers, increased by 5.8% compared to April 2024 levels (+6.5% for international operations).
Canada’s merchandise trade deficit hits a record $7.1 billion in April
Statistics Canada announced that Canada’s merchandise exports dropped 10.8% in April, while imports fell 3.5%. As a result, Canada’s merchandise trade deficit with the world widened from $2.3 billion in March to $7.1 billion in April. This was the largest deficit on record.
Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
CBSA concludes container chassis from Vietnam do not circumvent CITT finding
The Canada Border Services Agency (CBSA) initiated an investigation last November respecting the alleged circumvention from Vietnam of the Canadian International Trade Tribunal’s (CITT) finding issued in February respecting the dumping and subsidizing of container chassis from China.
Canada and China both ask WTO to set panels to rule on each other’s tariffs
Canada and China both requested World Trade Organization (WTO) dispute consultations with each other concerning the imposition of additional duties on each other’s goods.
Electronic ATA temporary admission Carnet set to replace paper version in 2027
Last week the World Customs Organization (WCO) held the 23rd meeting of the eATA Working Group. Every year, the Working Group discusses progress on digitalizing the ATA Carnet (eATA) and the Carnet de Passages en Douane (eCPD), which will facilitate the free movement of goods and vehicles across borders and their temporary admission into a […]
Canada and Ecuador working on legal processes to bring free trade agreement into force
Canada’s Minister of International Trade, Maninder Sidhu, was in Quito, Ecuador to represent the Government of Canada in Quito at the inauguration of Ecuador’s President Daniel Noboa.
Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
Duty-free electronic transmissions still under discussion at WTO
In a workshop held on May 15, members the the World Trade Organization (WTO) discussed the moratorium on the imposition of customs duties on electronic transmissions. The WTO moratorium has exempted data flows from cross-border tariffs since 1998.