|
Want to listen to the tip? Use the play button below. Click here for our simplified list of the specific products subject to Canada’s March 4 and 13 counter-tariffs. For other ways to navigate these challenging times with confidence, get the free complete Trade-War Success Guide for Small to Mid-Size Companies below. If you are a prairie CEO who wants to grow a thriving company through these turbulent times, more quickly, more easily and with less stress and headache, please contact me here. The full CUSMA agreement can be found here:
https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement/agreement-between It includes a Rules of Origin document, which can be found here: https://ustr.gov/sites/default/files/files/agreements/FTA/CUSMA/Text/04%20Rules%20of%20Origin.pdf For more detailed legal explanations of the US tariffs and Canada’s response, see this JDSupra article by Toronto law firm Stikeman Elliott LLP. https://www.jdsupra.com/legalnews/back-and-forth-levies-in-the-north-7197083/ *At this point, it is unclear whether US tariffs on steel and aluminum products are all encompassing or only on non-CUSMA-compliant products. The Stikeman Elliott LLP article indicates it only applies to non-CUSMA-compliant steel and aluminum products. While this March 12 Government of Canada announcements make no mention of that: https://www.canada.ca/en/department-finance/news/2025/03/canada-responds-to-unjustified-us-tariffs-on-canadian-steel-and-aluminum-products.html This April 8 government of Canada announcement also makes no mention of it in its summary of Quick Facts of the US’s tariffs and Canada’s counter-tariffs. https://www.canada.ca/en/department-finance/news/2025/04/canada-announces-entry-into-force-of-countermeasures-against-auto-imports-from-the-united-states.html As well, this Government of the United States FAQ page on steel and aluminum tariffs makes conflicting statements saying that “the duties are subject to a free trade agreement” AND that the “duties may not be waived due to a Free Trade Agreement”. https://www.cbp.gov/trade/programs-administration/entry-summary/232-tariffs-aluminum-and-steel/faqs Comments are closed.
|
Archives
December 2029
Categories
All
|
RSS Feed
Copyright © 2018