This client alert was originally published on May 30, 2018, and now there is an update. Today, May 31st, President Trump announced a resolution with Argentina, Brazil and Australia regarding the 232 tariffs on steel (25%) and/or aluminum (10%), but as there is no similar agreement with Canada, Mexico or the EU, the tariffs on… Continue Reading
Monthly Archives: May 2018
Canada Announced New Marking Rules for Steel and Aluminum
Posted in Antidumping, Border Security, Canada's Federal Government, Customs Law, origin, Trade Remedies, U.S. Federal GovernmentOn 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 the United… Continue Reading
The United States Imposed 25% Steel Tariffs and 10% Aluminum Tariffs on Canada and Canada Responds
Posted in Antidumping, Border Security, Canada's Federal Government, Exports, NAFTA, NAFTA Renegotiations, Trade Remedies, U.S. Federal GovernmentOn May 31, 2108, President Trump issued two Presidential Proclamations, which impose steel and aluminum tariffs on Canada. All exports of covered steel will be subject to a 25% import tariff (Canadian steel into the United States) and all exports of covered aluminum products will be subject to a 10% tariff (Canadian aluminum into the… Continue Reading
America First – America Alone?
Posted in Corporate Counsel, Customs Law, Export Controls & Economic Sanctions, Legal Developments, Politics, Trade RemediesOriginally published by the Journal of Commerce in May 2018 The White House website defines the foreign policy of the Trump Administration as follows: “President Trump is bolstering American influence by leading a coalition of strong and independent nations to promote security, prosperity, and peace both within America’s borders and beyond. The promise of a… Continue Reading
The Bumpy Ride Continues!
Posted in Antidumping, Border Security, Corporate Counsel, Cross-border deals, Cross-border litigation, Cross-border trade, Customs Law, Legal Developments, Politics, Trade Agreeements, Trade Remedies, World Trade OrganizationOriginally published by the Journal of Commerce in May 2018 as part of its 100 Top Importers and Exporters Edition Old movie buffs immediately recognize the inspiration for the title. There was a movie released in 1950 starring Bette Davis called All About Eve. Its most famous lines have bearing on current events impacting global… Continue Reading
Trump’s withdrawal from the Iran JCPOA Deal: What does this mean for Canadian companies and trusts?
Posted in Aerospace & Defence, Corporate Counsel, Cross-border trade, Export Controls & Economic Sanctions, Exports, U.S. Federal GovernmentOn May 8, 2018, U.S. President Donald Trump announced that the U.S. will withdraw from the Joint Comprehensive Plan of Action (“JCPOA”) with Iran. Canada was not a party to the JCPOA. So, the U.S. being in or out of the JCPOA does not affect Canada directly. That being said, President Trump’s decision has consequences… Continue Reading
Are Actors/Actresses/Performers/Directors Required to Register for GST/HST?
Posted in Canada's Federal Government, Cross-border trade, GST/HSTCanada is known as Hollywood North because many movies and television shows and commercials are filmed in Canada. However, unlike the United States, Canada has a federal sales tax called the goods and services tax (“GST”) and in some provinces harmonized sales tax (“HST”) is imposed. GST/HST is exigible in respect of supplies of services… Continue Reading