Canada sets new 25% tariffs on more U.S. goods in reply to U.S. duty on Canadian steel and aluminum products
Canadian Ministers outlined the Government of Canada’s response to the 25 per cent tariffs the U.S. unjustifiably imposed on all Canadian steel and aluminum products on March 12.
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 will increase examinations of inbound and outbound shipments to intercept narcotics
The Canada Border Services Agency (CBSA) announced the launch of Operation Blizzard, a targeted, cross-country initiative aimed at intercepting illegal contraband arriving and leaving Canada, with a focus on fentanyl and other synthetic narcotics.
List of U.S. goods subject to Canada’s retaliatory 25% surtax effective March 4
Effective March 4, 2025, the Government of Canada is imposing 25 per cent tariffs on $30 billion of goods imported from the United States.
U.S. suspends tariffs on CUSMA origin compliant imports from Canada until April 2nd
The United States announced it agreed to suspend tariffs on CUSMA-compliant imports from Canada until April 2nd.
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 initiates administrative review of values of stainless steel sinks from China
The Canada Border Services Agency (CBSA) initiated an administrative review to update the normal values, export prices, and amounts of subsidy of certain stainless steel sinks originating in or exported from China.
Canadian railways’ total freight volume was down slightly in December
Statistics Canada reports that Canadian railways transported 31.4 million tonnes of freight in December, down slightly (-0.8%) from December 2023.
OECD reports G20 merchandise trade declined in the fourth quarter of 2024
The Organisation for Economic Co-operation and Development (OECD) reports that G20 merchandise trade declined in the fourth quarter of 2024 with exports and imports falling by 0.6% and 1.0%, respectively, compared with the third quarter of 2024.
U.S. tariffs on Canadian goods are coming into force today, March 4
American President Donald Trump decided to implement U.S. tariffs on Canadian goods on March 4.
