Saudi Arabia and the Philippines will soon be accepting ATA Carnets
The International Chamber of Commerce (ICC) announced that Saudi Arabia and the Philippines are joining the ATA Carnet International Guaranteeing Chain.
CBSA initiates dumping and subsidizing investigations on certain pea protein from China
The Canada Border Services Agency (CBSA) launched investigations to determine whether certain pea protein from China are being sold at unfair prices in Canada and whether these goods are being subsidized.
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 finds dumping would resume if duties expired on cold-rolled steel from China, Korea, and Vietnam
On November 14, 2023, the Canadian International Trade Tribunal (CITT) initiated an expiry review of its finding made in December 2018 concerning the dumping and subsidizing of certain cold-rolled steel originating in or exported from China, South Korea and Vietnam.
New CBSA Market Watch Unit will monitor and update trade remedy measures
In the Federal Budget 2024 published this week the Canadian Government announced it proposes to provide $10.5 million over three years, starting in 2024-25, for the Canada Border Services Agency (CBSA) to create a dedicated Market Watch Unit.
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.
U.S. reports increase in imports and exports in February
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the country’s goods and services deficit was $68.9 billion in February, up $1.3 billion from $67.6 billion in January.
Global trade in goods is expected to pick up gradually this year
According to latest “Global Trade Outlook and Statistics” report from the World Trade Organization global merchandise trade is expected to pick up gradually this year following a contraction in 2023 that was driven by the lingering effects of high energy prices and inflation.
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 extends reinvestigation of values of carbon steel fasteners from China and Chinese Taipei
The Canada Border Services Agency (CBSA) announced that it needed more time to complete the re-investigation to update the normal values and export prices of certain carbon steel fasteners originating in or exported from the People’s Republic of China (China) and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei), and the […]