On August 9, 2019, Canada’s Department of Finance announced that “Canada Welcomes Anticipated Construction of One of the World’s Cleanest LNG Facilities” and hidden in the announcement is an unusual exception to the Canadian International Trade Tribunal’s (“CITT”) antidumping order on Fabricated Industrial Steel Components (“FISC”). On May 25, 2017, the CITT issued
Canada is consulting on changes to the trade remedies regime to help Canadian producers
On July 19, 2019, Finance Canada announced public consultations regarding proposed changes to the Special Import Measures Regulations and issued a backgrounder. The proposed changes are in response to submissions by the Canadian steel industry earlier in 2019. The time period for consultations is very short – submissions are due no later than August
Canada and the United States agree to end steel and aluminum tariffs
In March 2018, President Trump signed an executive order imposing Section 232 tariffs on steel products at the rate of 25% and 10% tariffs on aluminum products for reasons of national security. At this time, Canada was exempted from the steel and aluminum tariffs. On June 1, 2018, President Trump signed an executive order to
Canada Is Imposing Emergency Steel Safeguards on 7 Steel Products and Conducting an Injury Inquiry
Canada
On October 11, 2018, Canada’s Department of Finance announced that effective October 25, 2018, Canada will be imposing emergency tariff rate quotas on 7 categories of steel products. The Department of Finance has prepared a report and there will be an Order in Council under section 55 of the Customs Tariff to implement the
Canada Announced New Marking Rules for Steel and Aluminum
On May 30, 2018, Canada’s Minister of Finance announced new marking rules for steel and aluminum products. In a News Release entitled “Canada Bolsters Prevention of Transshipment and Diversion of Steel and Aluminum Products Through Country of Origin Marking Regime“, the Department of Finance announced that Canada was aligning its marking rules with
Schrödinger’s Cat: Can Goods Be Subject to Customs Duties and Not Subject Customs Duties At the Same Time?: Look in the Box before Shipping
Anyone who watches “The Big Bang Theory” knows about Schrödinger’s cat. The cat was both thought to be dead and thought to be not dead at the same time. There is a similar paradox for Canadian companies who sell to the United States and/or China. Canadian goods may be thought to be not subject to
Ontario Adopts “Don’t Buy New York Steel” Provisions
On March 28, 2018, the Wynne Government of Ontario promulgated a regulation, “Suppliers from New York“, O.Reg 117/18, to prevent the Ontario Government from buying steel from the State of New York. The Suppliers from New York Regulation was made pursuant to the Fairness in Procurement Act, 2018, that was
Trade Trifecta!
Since the original publication of this Alert, South Korea and the U.S. have concluded their negotiations regarding the Korea-U.S. Free Trade Agreement, and, as a result, South Korea has been permanently excluded from the steel and aluminum tariffs.
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Some events rather significant to international traders occurred in the last few days. First, on Friday,
New Tariffs : Definition and Exclusion
When President Trump announced the 25% steel and 10% aluminum tariffs on March 8, 2018, he instructed the Secretary of Commerce to issue regulations explaining how American companies could seek exclusions from those tariffs no later than March 19, 2018, and that deadline has been met. These new regulations can be found at: https://www.commerce.gov/sites/commerce.gov/files/federal_register_vol_83_no_53_monday_march_19_2018_12106-12112.pdf
Before
Knock, Knock: The Tariffs Are Coming! The Tariffs Are Coming!
Originally published by the Journal of Commerce in March 2018
As has been widely reported, on March 8, 2018, President Trump signed one Presidential Proclamations imposing a 25% additional tariff on defined steel products, and a second one imposing an additional 10% tariff on defined aluminum products. The only countries exempted from the outset are