Your Broker Knows Blog

The Economic and Trade Agreement between the United States and China was signed by President Trump and China’s Vice Premier Liu He on January 15, 2020.

On December 10, 2019, the US House Democrats announced their backing of a renegotiated US-Mexico-Canada (USMCA) trade agreement...

Under the TFTEA of 2015, all tariff numbers that previously did not require a unit be reported are to be replaced with a specific unit of quantity.

On November 15th, USDA’s APHIS announced it will restrict imports of Fresh Tomatoes and Tomato Plants and Fresh Peppers and Pepper Plants, the two main hosts of the Tomato brown rugose fruit virus (ToBRFV).‍

For Canada and US Customs, preclearance is the process by which border officers carry out immigration, entries and inspections before allowing the movement of goods and individuals through the border.

The USMCA was signed by all three leaders of the US, Canada and Mexico on November 30th, 2018. The next step is...

In an effort to combat China’s trade practices related to the forced transfer of US technology and trademark violations, the US Government...

The global economy and trade in Canada and the United States can be complex. To gain a better understanding of the latest trade news it is important to review the terminology related to a country’s imports and exports.

Effective May 19th, 2019, the United States Surtax Order (Steel and Aluminum): SOR/2018-152 and the United States Surtax Order (Other Goods): SOR/2018-153 imposing surtax on certain products originating in the United States are repealed. Please note that importers will no longer be required to pay surtax pursuant to the above-referenced orders. Anything released from Customs on or after May 19th will no longer be subject to the US Surtaxes.

On March 22, 2019, The Environmental Protection Agency (EPA) will implement the Toxic Substance Control Act (TSCA) Section 13 Certification and labeling requirements for Composite Wood Products Goods covered under the act must be labeled as compliant at the time of import into the U.S.