As U.S. hits Canada with steel and aluminum tariffs imported from Canada as of May 31, 2018 midnight, the Canadian Government has announced its intention to apply countermeasures with its own tariffs on U.S. steel, aluminum and
Products subject to countermeasures are listed in Tables 1 and 2 on below Finance Canada website. Goods selected from Table 1 will be subject to a 25% surtax. Goods selected from Table 2 will be subject to a 10% surtax.
These countermeasures will apply only to goods originating from the U.S and are eligible to be marked as goods of the U.S. in accordance with the Determination of Country of origin for the Purposes of Marking Goods (NAFTA Countries) Regulations.
When planning imports of these types from the U.S. in the future, consideration must be given to the following: this comes into effect July 1 and applies to goods originating in the U.S and eligible to be marked as goods of the U.S.
Cole will provide the following support services to our clients during these new trade measures:
General Inquiries: please provide customer name, account number and contact information Supply a database report of impacted classifications at a nominal fee Provide a chargeable detailed Trade Brief Service
Contact us with questions or for more information
For More Information:
Department of Finance Canada Website
Justice laws Website