Insights

September 1st, A New Chapter in Canadian Surtax Countermeasures

September 03, 2025.
Trade Publications

In August, the Prime Minister of Canada, the Right Honourable Mark Carney, issued a letter addressing the counter-tariffs imposed on the United States. In it, he stated: “...the Canadian government will now match the United States by removing all of Canada’s tariffs on U.S. goods specifically...

From Manual to Modern: How AI is Transforming Tax Operations

August 28, 2025.
Tax Publications

Artificial intelligence (AI) is playing a growing role in revolutionizing the tax and accounting profession. By reducing manual workload, increasing accuracy, and enabling teams to concentrate on more strategic tasks, AI is helping businesses modernize and improve their operations. Streamlining Tax Operations Through AI One of the most impactful advantages...

U.S. Imposes 50% Tariffs on Imports from India

August 26, 2025.
Trade Publications

Beginning tomorrow, August 27, 2025, imports from India will face sweeping new tariff hikes as Washington presses forward with its latest round of trade restrictions. U.S. Customs and Border Protection (CBP) has issued guidance implementing Executive Order 14329, which adds a fresh 25% ad valorem duty on most India-origin goods. When combined with...

Mitigating Supply Chain Risk in the Oil and Gas Sector

August 25, 2025.
Logistics Publications

Background Procuring industrial equipment such as generators, pumps, and compressors essential for operational facilities often involves sourcing from Southeast Asian manufacturing hubs. Variations in logistics capabilities and customs performance between countries such as Malaysia and Indonesia can influence the efficiency and reliability of the supply chain. A supply chain risk...

U.S. / E.U. Publish Final Trade Agreement

August 22, 2025.
Trade Publications

After weeks of tense negotiations, Washington and Brussels have formally released the written framework of their new trade agreement. For importers, the agreement provides much-needed clarity on tariff rates and scope while avoiding the steep increases that had been threatened earlier this year. While the framework reduces immediate uncertainty, it...

CBP Announces New Rules for Low-Value International Mail Shipments

August 18, 2025.
Trade Publications

Beginning August 29, 2025, U.S. Customs and Border Protection (CBP) will end duty-free treatment for low-value shipments arriving through the international postal system. This change, required under Executive Order 14324, applies to all countries and marks a full departure from the global de minimis framework that previously allowed many low-value imports to...

Expanded Steel and Aluminum Tariffs Now in Effect

August 18, 2025.
Trade Publications

The Section 232 tariffs on steel and aluminum just got a major expansion, and importers will need to brace for the impact. As of August 18, 2025, hundreds of additional derivative products have been pulled into the 50% tariff net, marking one of the largest single expansions since the duties were first introduced. Background...

Diesel Price Drops

August 14, 2025.
Logistics Publications

Diesel Price Drops 4.6¢ to $3.754 a Gallon Diesel fuel’s national average price shed 4.6 cents to $3.754 a gallon in its third straight decline, according to U.S. Information Administration data released Aug. 12. The price drop is nearly four times the amount of the previous two weeks...

China-U.S. Economic and Trade Talks Held in Stockholm, Sweden

August 13, 2025.
Trade Publications

Stockholm, July 29 (Xinhua) — From July 28 to 29 local time, Chinese Vice Premier He Lifeng, China’s chief representative for economic and trade affairs with the U.S., held talks in Stockholm, Sweden, with U.S. Treasury Secretary Bassett and Trade Representative Greer, the U.S. counterparts. The two sides...

U.S.–China Tariff Truce Gets a 90-Day Extension

August 12, 2025.
Trade Publications

In a move widely anticipated by markets and trade watchers, President Trump signed an executive order on Monday granting a 90-day extension to the current U.S. – China tariff pause – just hours before higher duties were set to return. Without the extension, U.S. tariffs on Chinese goods...

Brazil Imports Subject to 50% Tariff – Effective August 7

August 08, 2025.
Trade Publications

In a major escalation of U.S. trade actions, the Trump administration has finalized an executive order imposing a 50% import tariff on certain goods from Brazil, citing serious human rights violations and politically motivated prosecutions in that country. The order, issued under the authority of the International Emergency Economic Powers...

Trump Administration Targets India with 50% Import Tariff

August 06, 2025.
Trade Publications

President Donald Trump has signed a new Executive Order imposing a significant escalation in tariffs on goods originating from India, citing the country’s continued purchase of Russian oil as the catalyst for this action. The move comes under the authority of the International Emergency Economic Powers Act (IEEPA)...