CUSBA Newsletter: Canada-U.S. Business Brief
𝗖𝗮𝗻𝗮𝗱𝗮–𝗨.𝗦. 𝘁𝗿𝗮𝗱𝗲 𝗶𝘀 𝗳𝗮𝗰𝗶𝗻𝗴 𝗻𝗲𝘄 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲𝘀, 𝗽𝗼𝗹𝗶𝗰𝘆 𝘀𝗵𝗶𝗳𝘁𝘀, 𝗮𝗻𝗱 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻𝘀. 𝗦𝘁𝗮𝘆𝗶𝗻𝗴 𝗮𝗵𝗲𝗮𝗱 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝘀 𝘁𝗶𝗺𝗲𝗹𝘆, 𝘁𝗿𝘂𝘀𝘁𝗲𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁. We’re pleased to share the 𝘀𝗶𝘅𝘁𝗵 𝗲𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗨𝗦𝗕𝗔 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿, and the 𝗳𝗶𝗿𝘀𝘁 𝗼𝗳 𝘁𝗵𝗿𝗲𝗲 𝗲𝗱𝗶𝘁𝗶𝗼𝗻𝘀 𝘄𝗲’𝗹𝗹 𝗯𝗲 𝗽𝘂𝗯𝗹𝗶𝘀𝗵𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝗺𝗼𝗻𝘁𝗵 to keep business leaders, policymakers, and cross-border stakeholders informed on the latest developments impacting trade, […]
CUSBA Newsletter: Canada-U.S. Business Brief
𝗖𝗮𝗻𝗮𝗱𝗮–𝗨.𝗦. 𝘁𝗿𝗮𝗱𝗲 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝗲𝘃𝗼𝗹𝘃𝗲 — 𝗮𝗻𝗱 𝘀𝘁𝗮𝘆𝗶𝗻𝗴 𝗮𝗵𝗲𝗮𝗱 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝘀 𝘁𝗶𝗺𝗲𝗹𝘆, 𝘁𝗿𝘂𝘀𝘁𝗲𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁. The 𝗳𝗶𝗳𝘁𝗵 𝗲𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗨𝗦𝗕𝗔 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 is now available, bringing together the latest developments, analysis, and updates shaping Canada–U.S. trade and cross-border business. This issue includes: Whether you’re monitoring policy shifts, market conditions, or emerging business opportunities, this edition provides the […]
CUSBA Newsletter: Canada-U.S. Business Brief
𝗖𝗮𝗻𝗮𝗱𝗮–𝗨.𝗦. 𝘁𝗿𝗮𝗱𝗲 𝗶𝘀 𝗺𝗼𝘃𝗶𝗻𝗴 𝗳𝗮𝘀𝘁 — 𝗮𝗻𝗱 𝘀𝘁𝗮𝘆𝗶𝗻𝗴 𝗶𝗻𝗳𝗼𝗿𝗺𝗲𝗱 𝗺𝗮𝘁𝘁𝗲𝗿𝘀. The fourth edition of the 𝗖𝗨𝗦𝗕𝗔 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 is now available, featuring fresh updates, practical insights, and the latest developments shaping cross‑border business. This issue includes: Top stories impacting Canada–U.S. trade Economic snapshot New highlights from the CUSBA Canada–U.S. Trade Dashboard Policy and regulatory watch Supply […]
CUSBA Statement: A Call to End the Canada-United States Trade War
The Canada-US Business Association calls for a suspension of the Section 338 tariff measures imposed by the United States and the countermeasures that the Government of Canada has announced will take effect on September 8, 2026. An escalating cycle of tariffs and retaliation will ultimately harm businesses, workers, and consumers on both sides of the […]
Trump Announces Reciprocal Tariffs on Over 60 Countries
On April 2, 2025, President Donald Trump announced baseline tariffs starting with 10% for all countries beginning on April 5, 2025, adding higher reciprocal tariffs of up to 50% beginning on April 9, 2025 on specific countries with which the United States has the largest trade deficits or that impose non-tariff barriers on U.S. goods.
Another Update: Section 232 Countermeasures and Retaliation
Since the publication of the announcement regarding the Section 232 Steel and Aluminum tariffs sent out yesterday, additional details regarding the countermeasures to be imposed by the European Union have been released, which will become effective in two phases: (1) on April 1, 2025 relating to the original countermeasures/retaliation imposed during the initial Section 232 tariffs and that have been suspended, followed by (2) additional countermeasures/retaliation to enter into force likely in mid-April.
UPDATED IMPLEMENTED Section 232 Tariffs Steel and Aluminum Articles and Derivatives
The Section 232 steel and aluminum 25% ad valorem tariffs are now in effect against all steel and aluminum articles and all listed derivatives, including many automotive, construction and consumer products. Aluminum articles and derivatives from Russia are subject to 200% tariffs.
The United States Delays Implementation of IEEPA Tariffs Against Canada and Mexico for USMCA Qualifying Goods Until April 2, 2025
United States President Donald Trump issued two executive orders (“EOs”) on March 6, 2025 delaying for thirty (30) days the 25% tariffs imposed against products of Canada or Mexico (10% tariffs for energy products of Canada) pursuant to the International Emergency Economic Powers Act (“IEEPA”).
IEEPA Tariffs Against Canada and Mexico to Enter in Force March 4, 2025
CUSBA wants to keep you informed on fast-moving developments. CUSBA’s newest Board Member, Dan Ujczo of Thompson Hine, has provided an update. More details are shared below. IEEPA Tariffs Against Canada and Mexico to Enter in Force March 4, 2025; IEEPA Tariffs Against China to Increase to 20% (and may be retroactive to February 4); […]