The White House issued an Executive Order (EO) reducing the cumulative effect of recent trade actions.
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The White House issued an Executive Order (EO) reducing the cumulative effect of recent trade actions.
The allure of Canadian products is undeniable. From unique fashion finds at boutiques to specialty foods, specific outdoor gear, or even just better prices on familiar items, Canadian retailers offer a wealth of goods that catch the eye of shoppers. American consumers discover that their desired Canadian item either doesn't ship to the United States at all or comes with prohibitively high international shipping costs. And today, there are increasingly confusing customs procedures.
The baseline effective duty rate rates have increased exponentially. Chinese goods will skyrocket to104% (combination of 50% hike, the existing34% reciprocal tariff, and the20% fentanyl tariffunder IEEPA) And that’sbeforefactoring inSection 301 (25% or 7.5%),Section 232 steel/aluminum tariffs (25%),Section 201 sectoral tariffs, and variousanti-dumping duties. All imports from Europe are subject to 20% additional tariff. And so on , and so on....
Topics: us customs bond, surety bond crisis usa
The shift in trade policies and tariffs has made shipping to the USA more complex, prompting many to consider the benefits of having a Canadian address for their online orders. Jetship Worldwide provides a Canadian address and forwarding options to Trinidad and Tobago, Guyana and globally.
For all the talk about new tires for importing to the United States, it is necessary for importers to move from reading the sensational headlines to understanding and actually implementing the new tariffs.The questions we get include how are the tariffs applied? How can we know if our goods are affected and do these tariffs stack on top of one another?
When importing goods into the European Union (EU), one of the most critical steps is determining the correct tariff classification for your products. The tariff classification, defined by the Harmonized System (HS) code, dictates the applicable customs duties, taxes, and regulatory requirements. However, with over 5,000 commodity codes in the EU’s Combined Nomenclature (CN), classifying goods can be a daunting task. Misclassification can lead to costly delays, penalties, or even legal disputes.
Shipping products internationally can be a complex process, especially when dealing with rigorous trade regulations and customs procedures to the UK. For small businesses aiming to expand their market reach beyond Canadian borders, understanding the nuances of shipping into the UK is paramount. This post- with links to other blogs and resources -provides an exhaustive guide.
The rational for the application of new tariffs by the US Government has been expanded to include value added tax. This comes as the reality of imposing reciprocal tariffs versus Europe and UK face the reality of low tariffs on American goods to these countries. With that, the conversation - some might say hyperbole - has expanded to include non-tariff obstacles. (Spoiler alert: VAT is not one of them).
Shipping goods from Canada to Bermuda provides access to consumers and businesses. This guide will walk you through everything you need to know about shipping from Canada to Bermuda.
Jetship offers an alternative to US-based online retailers shipping to Canada. This has been made more urgent during the USPS suspension of service due to a strike at Canada Post. Contact our team to keep orders moving during the busy peak season. Leverage our partnerships with a network of final mile carriers for uninterrupted service.
