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Trade Intel

 

We detail changes to international trade regulations and explores cutting-edge compliance strategies.

Do Your Goods Qualify for NAFTA Certification? (Video)

Do Your Goods Qualify for NAFTA Certification? (Video)

Wondering if your goods qualify for NAFTA certification? Importers, Exporters, and Producers of goods are at some point all involved in qualification of preferential treatment or NAFTA certification. Tanya Copet details qualifications, errors, misconceptions, compliance and much more surrounding NAFTA here.

Canadian Duty Drawbacks: A Risk-Free Way to Save Money

Canadian Duty Drawbacks: A Risk-Free Way to Save Money

Is your company missing out on refunds which can significantly boost their bottom line, and reduce manufacturing costs? Many are companies are, as they are unaware of their duty drawback potential. Find out if your company is eligible and exactly how drawbacks work here..

De Minimus Thresholds Under USMCA

De Minimus Thresholds Under USMCA

Often highlighted as a positive outcome from renegotiation of NAFTA, the new trade deal struck last year between the Canada, Mexico and the United States will raise the so-called de minimus thresholds under which low-value parcels can be imported duty/tax free. That is, once the USMCA makes it through a highly polarized Congress..

Valuation, Additions and Exclusions (Video)

Valuation, Additions and Exclusions (Video)

What is the valuation, additions and exclusions to the price paid or payable for imported merchandise into Canada and the USA? What is the main focus of increased Customs Audits? What is an assist? Bob Cowie answers all of these questions and details all you need to know about valuation, additions and exclusions here.

Electronic Reporting Mandatory for Exporters

Electronic Reporting Mandatory for Exporters

The Canada Border Services Agency (CBSA) announced that as of June 30, 2020, they will no longer accept B13As (Export Declaration Forms) in Customs Notice 19-14, as part of the elimination of paper reporting processes. Exports will be required reported electronically by exporters or their Customs Broker…

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Do Your Goods Qualify for NAFTA Certification? (Video)

Wondering if your goods qualify for NAFTA certification? Importers, Exporters, and Producers of goods are at some point all involved in qualification of preferential treatment or NAFTA certification. Tanya Copet details qualifications, errors, misconceptions, compliance and much more surrounding NAFTA here.

Canadian Duty Drawbacks: A Risk-Free Way to Save Money

Is your company missing out on refunds which can significantly boost their bottom line, and reduce manufacturing costs? Many are companies are, as they are unaware of their duty drawback potential. Find out if your company is eligible and exactly how drawbacks work here..

De Minimus Thresholds Under USMCA

Often highlighted as a positive outcome from renegotiation of NAFTA, the new trade deal struck last year between the Canada, Mexico and the United States will raise the so-called de minimus thresholds under which low-value parcels can be imported duty/tax free. That is, once the USMCA makes it through a highly polarized Congress..

Valuation, Additions and Exclusions (Video)

What is the valuation, additions and exclusions to the price paid or payable for imported merchandise into Canada and the USA? What is the main focus of increased Customs Audits? What is an assist? Bob Cowie answers all of these questions and details all you need to know about valuation, additions and exclusions here.

Electronic Reporting Mandatory for Exporters

The Canada Border Services Agency (CBSA) announced that as of June 30, 2020, they will no longer accept B13As (Export Declaration Forms) in Customs Notice 19-14, as part of the elimination of paper reporting processes. Exports will be required reported electronically by exporters or their Customs Broker…

New Trademark Rule Requires Canadian Firms to Have US-Licensed Attorney

Dealing with government-related trademark issues? You now must be represented by a US-licensed attorney. What does this mean for Canadian companies? What is the U.S. Customs and Border Protection role and how to register your trademark with them? Non-compliant consequences? We give you all the answers here…

Preparing for the Worst: Getting Ready to Be Audited by Customs

Are you ready for a Customs Audit? The likelihood of your company getting stung with costly fines and penalties is higher than ever before. We breakdown, step-by-step, what you can do to eliminate risk in the event of an audit here.

China-U.S. Trade War Tariff Exclusion Process Updates

Importers and exporters on both sides of the Pacific are scrambling to make adjustments to cope with the latest escalation in the trade war between U.S. and China. As further tariffs of 15% come into effect as of June 1 on $60 billion worth of U.S. goods – in addition...

Anti-Dumping and Countervailing Duties – (Video)

Video Transcript: Anti-Dumping (AD) and Countervailing Duties (CVD) For today's session of Bob's Briefs we are going to be talking about anti-dumping and countervailing duty. So the first thing people ask is what is dumping and countervailing duty? Dumping occurs when...

U.S. & Canada Customs Formalize Lifting of Steel/Aluminum Tariffs

Following last week’s announcement that Washington has agreed to eliminate Section 232 tariffs on steel and aluminum from Canada and Mexico in exchange for the repeal of retaliatory duties on a wide range of U.S. exports, the two governments have now confirmed lifting...