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06/29/2018

Canadian Countermeasures

Further to our June 20, Customs & Logistics News article on this subject, Canada Customs has issued Notice 18-08 as in below link.

https://www.cbsa-asfc.gc.ca/publications/cn-ad/cn18-08-eng.html

Effective July 1, an additional 10% to 25% duty will be applied to goods with a country of origin U.S. that are classified in the 8 digit subheadings as in the Department of Finance Canada link below (see Tables 1, 2 and 3).

https://www.fin.gc.ca/access/tt-it/cacsap-cmpcaa-1-eng.asp

Global Affairs Canada has issued a News Release as in below link.

https://www.canada.ca/en/global-affairs/news/2018/06/canada-stands-up-for-our-steel-and-aluminum-workers-and-industry.html

Advice from Global Affairs Canada as follows:

Canada’s steel and aluminum industries have made North American steel and aluminum more competitive around the world. It is inconceivable and completely unacceptable to view any trade with Canada as a national security threat to the United States.

The U.S. has a US $2 billion annual trade surplus on iron and steel products with Canada. Canada buys more American steel than any other country in the world, accounting for 50 per cent of U.S. exports. Canadian steel is used in American tanks, and Canadian aluminum in American planes. Indeed, Canada is recognized in U.S. law as part of the U.S. National Technology and Industrial Base related to National Defence.

Today the Government of Canada announced that in direct, measured and proportional response to U.S. tariffs on Canadian steel and aluminum, reciprocal surtaxes on $16.6 billion of imports of steel, aluminum and other products from the United States will come into effect July 1, 2018.

Canada continues to work towards full and permanent removal of these unjustified and illegal U.S. tariffs.

This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient. Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited. The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies.

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