International Trade News Stories posted since January 26, 2015
ABC Customs Brokers Mar 26, 2015
ABC Customs Brokers Mar 26, 2015
Whether your company has just entered into the world of international trade, or you are already there and are assessing your options regarding your service providers, you will inevitably have to make some decisions regarding your customs brokerage services. Although this would seem like a fairly simple decision, not all customs brokers provide the same services and they can play a key role in the long term success of your company.
By Pete Evans, CBC News Mar 24, 2015
Direct exchange hub could smooth way for businessess doing deals in China
By Chris Prentice , Reuters Mar 24, 2015
Agreement suspended duties on imports of sugar from Mexico
Deutsche Welle Mar 24, 2015
German Economy Minister Sigmar Gabriel has pledged to prevent any clauses in a US-EU trade deal that go against the ideals of his party, the Social Democrats - including protection clauses called for by the US.
Sandler, Travis & Rosenberg Trade Report Mar 24, 2015
Assistant Secretary of Commerce for Export Enforcement David Mills recently gave an update on the Bureau of Industry and Security’s export enforcement efforts amid the ongoing Export Control Reform initiative.
Reuters Mar 24, 2015
U.S. trade officials will investigate a complaint that imports of Canadian paper benefit from unfair government subsidies, the Department of Commerce said on Thursday, a move which could end in import duties.
By Louella D. Desiderio, The Philippine Star Mar 24, 2015
In a joint statement, Canada’s Minister of International Trade Ed Fast and Trade Secretary Gregory Domingo said they met in Manila last Friday “to discuss the potential for enhanced bilateral trade and investment relations between our two countries.”
The Office of the Prime Minister Mar 24, 2015
By Ian Bailey, The Globe and Mail Mar 24, 2015
U.S. Ambassador Bruce Heyman says “challenges” are inevitable in the complex Canada-United States relationship, but is playing down suggestions of a chill showing up in his troubled first year as envoy in Canada as reported by The Globe and Mail.
Canadian Food Inspection Agency Mar 23, 2015
By David Autor, David Dorn and Gordon H. Hanson, Washington Post Mar 17, 2015
Korea JoongAng Daily Mar 17, 2015
Korea’s market share has grown even at a time of weak yen
The Economic Times Mar 17, 2015
As part of efforts to improve its ranking on 'Ease of Doing Business', India today reduced the number of mandatory documents required for import and export of goods to three in each case.
By Chris Plecash, Embassy Mar 17, 2015
Observers say Canadian companies face compliance costs given legal situation.
Canadian Agri-Food Trade Alliance Mar 17, 2015
On news that Trans-Pacific Partnership (TPP) chief negotiators will meet March 9–15, Canadian Agri-Food Trade Alliance (CAFTA) President Lisa Skierka today issued the following statement on the status of the TPP trade talks.
Reuters Mar 17, 2015
Canada faces difficult choices in talks on a proposed 12-country Pacific trade pact and is doing its best to protect national interests, Prime Minister Stephen Harper said on Thursday.
By Chuck Chiang, Vancouver Sun Mar 17, 2015
It is no coincidence that Southeast Asia has appeared more prominently in Canada's economic consciousness recently.
Alexander Panetta Mar 17, 2015
New deal needs legal, budgetary approval before being implemented
Mar 12, 2015
A common misconception held by new businesses or ones that are bootstrapped for cash is that only big or established businesses doing a $5M+ in revenue could benefit from the cost savings that a customs broker can help coordinate.
By Richard Blackwell, The Globe and Mail Mar 10, 2015
The Canada Border Services Agency has ruled that cheap subsidized Chinese solar modules are being dumped into Canada, and is imposing stiff provisional import duties to protect Canadian manufacturers.
By Tim Diacono , Malta Today Mar 10, 2015
Chamber of Commerce President says TTIP agreement will add 0.5% to GDP growth annually in EU and create 1.3 million jobs in the EU over the next 10 years
By Barrie McKenna, The Globe and Mail Mar 10, 2015
Canada’s lumber producers should be a happy lot. The U.S. housing market is coming back, exports are rising and the Canadian dollar is cheap.
By Nathan Vanderklippe, The Globe and Mail Mar 10, 2015
The Canadian business community has pushed Ottawa to launch free-trade talks with Beijing.
By Aimee Miller, Mar 05, 2015
The American Chamber of Commerce – Pacific Chapter Mar 05, 2015
The American Chamber of Commerce – Pacific Chapter is proudly hosting the U.S. Ambassador to Canada, Bruce Heyman for a breakfast event on March 19, 2015.
Cape Breton Post Mar 04, 2015
A deal between Japan and the U.S. needed to move ahead with a Pacific Rim trade pact is possible by this spring, a top Japanese trade negotiator said Tuesday.
By Amanda Stephenson, Calgary Herald Mar 04, 2015
A handful of U.S. farm groups are trying to use Canada’s newest BSE case to prop up arguments in favour of mandatory country-of-origin labelling, or COOL.
Sandler, Travis & Rosenberg Trade Report Mar 04, 2015
By Eric Pianin, The Fiscal Times Mar 04, 2015
Amid the gloom over the partisan deadlock in Washington over an infrastructure program and the Keystone XL pipeline, the U.S. and Canadian governments have quietly cut a deal on a new $2.1 billion bridge linking Detroit and Ontario designed to eliminate a massive bottleneck in the flow of goods between the two countries.
By Simon Rees, Mining Weekly Mar 04, 2015
Brazil sought to boost the level of bilateral trade with Canada, particularly in the sphere of mining, the country’s ambassador to Canada Pedro Fernando Brêtas Bastos told audience members at the Brazil-Canada Chamber of Commerce mining breakfast on Monday.
Canadian Food Inspection Agency Mar 04, 2015
Agriculture Minister Gerry Ritz announced today that the Agricultural Growth Act (Bill C-18) received Royal Assent. The Agricultural Growth Act will modernize Canadian agriculture and increase trade opportunities for farmers.
By Patrick Gervais , Law Times Mar 04, 2015
Canadian consumers are already benefiting from the Canada-South Korea free-trade agreement that came into force on Jan. 1.
Global News Mar 04, 2015
By Alexander Panetta, Toronto Star Mar 04, 2015
Diplomatic chill: Former Canadian ambassador to Washington Allan Gotlieb blames Obama, says he’s never seen such coolness between Canada, United States
Canadian Trucking Alliance Mar 04, 2015
ABC Customs Brokers Feb 26, 2015
Today’s business climate is fast paced. Time is limited and precious, and there is always a long list of tasks to accomplish. So why would you take valuable time out of your busy schedule to attend a trade compliance seminar or workshop?
By Alex Carrick , Daily Commercial News Feb 24, 2015
Since much of the economic focus this year will be on oil prices and currency shifts, this Economy at a Glance presents several tables that provide background on U.S. and Canadian foreign trade.
Sputnik Feb 24, 2015
US Trade Representative said that the Trans-Pacific Partnership agreement will help the United States grow its exports by more than $123 billion by 2025 and provide American workers with greater number of high-earning opportunities.
International Centre for Trade and Sustainable Development Feb 24, 2015
The dispute on the US’ country-of-origin labelling (COOL) policy for livestock and meat products returned to the WTO this week, with the launch of Appellate Body hearings to review if Washington’s revisions to the measure are enough to comply with WTO rules.
By David N. Goodman, ABC News Feb 24, 2015
The Obama administration and Canada have agreed on financing a key piece of a planned $2.1 billion bridge connecting Detroit and Windsor, Ontario, the two governments announced Wednesday.
By Brent Patterson, Rabble Feb 24, 2015
The Council of Canadians congratulates our European allies for collecting 1.5 million signatures of Europeans who want "the institutions of the European Union and its member states to stop the negotiations with the USA on the Transatlantic Trade and Investment Partnership (TTIP) and not to ratify the Comprehensive Economic and Trade Agreement (CETA) with Canada."
Canada Gazette Feb 17, 2015
The following was published on 14 February 2015 in Part I of the Canada Gazette
The Economic Times Feb 17, 2015
Committing to boost trade ties, India and the US today resolved to enhance cooperation, remove obstacles to investment flows and work towards early adoption of FATCA to facilitate automatic flow of tax information.
By Elaine Kurtenbach, ABC News Feb 17, 2015
Japan and the U.S. are moving closer to reaching agreement on market opening measures needed to conclude a Pacific Rim trade pact, a top U.S. envoy said Friday, urging Japanese business leaders to help bridge the last, difficult disagreements.
By Chris Matthews, Fortune Feb 17, 2015
A new study shows that most new free trade agreements have actually cut the trade deficit.
Sandler, Travis & Rosenberg Trade Report Feb 17, 2015
A recent report from the Government Accountability Office states that U.S. Customs and Border Protection needs better information on the disposition of import shipments deemed to be high-risk.
U.S. Department of State Feb 17, 2015
On February 13, 2015, the State Department Bureau of Economic and Business Affairs posted on its website a list of goods and services produced by independent Cuban entrepreneurs that are eligible for importation into the United States pursuant to the Cuban Assets Control Regulations 31 C.F.R. § 515.582.
Sandler, Travis & Rosenberg Trade Report Feb 17, 2015
U.S. Customs is proposing to modify a ruling to indicate that a delay in updating the tariff numbers in a free trade agreement’s rules of origin is not by itself sufficient reason to deny preferential tariff treatment under the FTA for qualifying goods.
By Debora Van Brenk, Toronto Sun Feb 17, 2015
Canada's agriculture minister is threatening tariffs on California wine if the U.S. doesn't repeal restrictive meat-labelling laws costing our farmers billions.
By Julia Kuzeljevich , Canadian Shipper Feb 17, 2015
Port Metro Vancouver has released its 2014 year-end statistics, showing its second consecutive year of record-breaking cargo volumes.
Forest Products Association of Canada Feb 17, 2015
The Forest Products Association of Canada (FPAC) applauds the federal government for pursuing trade action against China at the World Trade Organization (WTO) regarding duties on Canadian dissolving pulp.
By Kelsey Johnson , iPolitics Feb 17, 2015
South Korea says it’s banning imports of Canadian beef after a case of bovine spongiform encephalopathy (BSE), or “mad cow disease,” was found on a northern Alberta farm earlier this week, despite reassurances from Canada’s agriculture minister the case would not impact Canadian beef trade.
By Bruce Heyman , The Globe and Mail Feb 17, 2015
This week, I will send letters to the governors of all 50 U.S. states urging them to visit Canada to explore new opportunities for expanding what is already the world’s largest and most comprehensive bilateral trade and investment relationship.
ABC Customs Brokers Feb 12, 2015
By Julia Kuzeljevich, Canadian Shipper Feb 10, 2015
By Secretary Penny Pritzker, United States Department of Commerce Feb 10, 2015
Trade Agreements Will Help Accelerate Economic Growth
Foreign Affairs, Trade and Development Canada Feb 10, 2015
For the first time, Canada’s two-way trade surpassed $1 trillion, at nearly $1.1 trillion
Canadian Food Inspection Agency Feb 10, 2015
Mexico recognizes Canada's heat treated wood
By Dave Graham, Reuters Feb 10, 2015
A deal on a 12-nation Asia-Pacific trade pact could be concluded in mid-March, Mexico's economy minister, Ildefonso Guajardo, said on Thursday.
By Ignacio Garcia Bercero, The Economic Times Feb 10, 2015
The United States and European Union agreed on Friday to work "full throttle" to secure the world's biggest-ever free trade deal despite growing scepticism on both sides of the Atlantic.
By Krista Hughes;, Reuters Feb 10, 2015
By Andy Blatchford, CTV News Feb 10, 2015
The Canadian government faces a new hurdle as it shifts from negotiating free trade deals to implementing them: companies that are overly cautious about courting new business overseas.
The Korea Times Feb 10, 2015
Feb 05, 2015
How Seaspan Implemented a $170M Capital Expansion Project On Time and Under Budget
Join AmCham Canada – Pacific Chapter for their upcoming event with an inspiring guest speaker, and a chance to network with like-minded business professionals.
ABC Customs Brokers Feb 04, 2015
Coming from a successful 2014 trade compliance education season, ABC Customs Brokers is excited to announce another season chock-full of seminars and workshops.
By Julia Kuzeljevich, Canadian Shipper Feb 03, 2015
The ITF Transport Outlook 2015 was released at a media briefing in Paris today. It presents long-term projections for future demand of passenger as well as freight transport and this year focuses on two key messages: shifting trade patterns increase transport distances by 12%, and the North Pacific surpasses the North Atlantic as a main trading route.
Journal of Commerce Feb 03, 2015
Canadian National Railway expects intermodal to stay strong as shippers frustrated with U.S. West Coast port congestion push U.S-bound loads through Canadian ports and onto its network running through Chicago and down to New Orleans.
The U.S. Government Accountability Office (GAO) Feb 03, 2015
The U.S. economy is dependent on a secure global supply chain.
Canada Border Services Agency Feb 03, 2015
Customs Notice 15-002
By Mark Szakonyi, Journal of Commerce Feb 03, 2015
U.S. Customs and Border Protection Feb 03, 2015
On January 15, 2014, CSMS Message Number 14-000033 was issued to provide notice of the ten team codes assigned to each of the ten Centers of Excellence and Expertise (Centers).
ABC Customs Brokers Jan 29, 2015
When importing goods that fall under tariff items 4420.10, 4420.90, 4421.90 or 9505.10 such as statuettes, other ornaments of wood and articles for Christmas festivities containing wooden components, the following information is required to ensure admissibility under Canadian Food Inspection Agency (CFIA) import requirements.
By John W. Boscariol and Robert A Glasgow, McCarthy Tétrault LLP. Jan 27, 2015
Transfer pricing has been a favorite Canada Border Services Agency (CBSA) enforcement target for some time now.
World Customs Organization Jan 27, 2015
The WCO has published the accepted amendments to the Harmonized System (HS) Nomenclature that will enter into force on 1 January 2017.
By Tetsushi Kajimoto, Reuters Jan 27, 2015
Japan's exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption.
By Gregory L. White and Laurence Norman, Wall Street Journal Jan 27, 2015
U.S. and European leaders threatened new sanctions against Moscow after a missile attack blamed on pro-Russian separatists killed 30 civilians in the eastern Ukrainian city of Mariupol, the latest escalation in violence that has brought Kiev’s fight with rebels back toward full-scale war.
By Connor D. Wolf, Daily Caller Jan 27, 2015
Retailers have become increasingly alarmed as the West Coast port dispute becomes more hostile.
CBC News Jan 27, 2015
International Trade Minister Ed Fast arrived in Kyiv on Sunday for two days of meetings as fighting intensifies between Ukrainian forces and pro-Russian separatists in the east of the embattled country.