Trade News

16 September 2008 Update to CFIA AIRS website Chapter 19 was published to change the release recommendation from "Approved" to "Refer to CFIA-ISC" for the following HS code for China only. This created a requirement version change for all other countries. 19.01.10 - Preparations for infant use, put…

16 September 2008 Canada's worldwide trade surplus declines as imports, exports rise The following was reported on in the 15 September 2008 edition of “Canadian Transportation & Logistics”. A report from Statistics Canada says the country's trade surplus with the world declined to $4.9 billion in…

16 September 2008 Trade group optimistic about ACE system development The following is excerpted from the 15 September 2008 edition of “Journal of Commerce”. Customs and Border Protection is regrouping and re-prioritizing development of the Automated Commercial Environment, members of the Trade…

16 September 2008 Survey to determine the percentage of national revenue represented by customs duties The WCO has released a survey demonstrating the percentage of national revenue represented by customs duties. This publication provides information about the share of national revenues represented…

16 September 2008 Survey on Free Trade Agreements The WCO has released a survey providing information about free trade agreements (FTAs) and their importance vis-à-vis the Harmonized System. This survey is focused on providing some information on FTAs and Customs Unions currently in force (based on…

16 September 2008 China eliminates import duty on large machinery spare parts The following is excerpted from the 15 September 2008 edition of “American Shipper”. China has cut the import tax on spare parts for large machinery in a bid to support the domestic manufacturing… The Ministry of Finance…

15 September 2008 Thermoelectric Containers, Inquiry No. NQ-2008-002 Notice of Change of Date of Public Hearing On August 14, 2008, the Canadian International Trade Tribunal gave notice that it had initiated an inquiry pursuant to section 42 of the Special Import Measures Act respecting the dumping…

15 September 2008 Certain Carbon Steel Fasteners Re-investigation Today CBSA announced it has initiated a re-investigation of the normal values, export prices and amounts of subsidy of certain carbon steel fasteners originating in or exported from the PRC, and the normal values and export prices of…

15 September 2008 Update to CFIA AIRS website Chapter 12 was published to add the end uses of "Human consumption" and "Travellers & Personal use and not for resale or distribution" for the following HS code. 12.12.99.0200 - Other This created a requirement version change for the following HS code…

15 September 2008 Update to CFIA AIRS website (2) a) Chapter 04 was published to change the release recommendation from "Approved" to "Refer to CFIA-ISC" for the following HS code for China only. 04.04.10.3543.05 - Whey protein concentrates (<80% whey proteins on dry weight basis) This created a…

15 September 2008 Online border-wait times deemed unreliable, internal document says The following article is excerpted from the 15 September 2008 edition of “globeandmail.com”. Internal documents confirm what union officials have been saying for years: The waiting times for travellers that Canada's…

15 September 2008 Request for the removal of the customs duties on imports of all articles for use in the repair or overhaul of gas turbines The Department of Finance is currently reviewing a request for the removal of the customs duties on imports of all articles for use in the repair or overhaul…

15 September 2008 Asian, European stock markets shudder This article is excerpted from the 15 September 2008 edition of the “Toronto Star”. Asian and European stock markets were down sharply Monday amid growing alarm over the world's financial system after a seismic shake-up on Wall Street, with…

15 September 2008 Possible Contamination of Infant Formula Manufactured in China This article is excerpted from the 15 September 2008 edition of “WorldTrade Interactive”. The [US] Food and Drug Administration issued a health information advisory Sept. 12 in response to reports that milk-based infant…

15 September 2008 Guidelines Provide Insight on Duty-Free Apparel Import Policy This article is excerpted from the 15 September 2008 edition of “WorldTrade Interactive”. The [US] Department of Commerce has issued a notice outlining the procedures for using a new program that allows duty-free imports…

15 September 2008 A fundamental gap in C-TPAT This article is written by James Giermanski, chairman of Powers International Inc. and director of the Center for Global Commerce at Belmont Abbey College. It appeared in the 12 September 2008 edition of “The Journal of Commerce”. Customs and Border…

15 September 2008 Wall Street shaken by Lehman failure, Merrill sale This article is excerpted from the 15 September 2008 edition of “globeandmail.com”. Global markets plummeted on Monday after investment bank Lehman Brothers Holdings Inc. filed for bankruptcy protection, rival Merrill Lynch agreed…

15 September 2008 China appeals car-parts ruling This article is excerpted from the 15 September 2008 edition of “The Journal of Commerce”. China appealed a World Trade Organization ruling that its tariffs for imports of auto parts violates global rules. The Geneva-based trade body ruled on July 18…