Notice: New Surtax on China / Europe
Monday, October 15, 2018
Source: Matthew Lawford, CBSA
Find more information regarding the new surtax, https://www.cbsa-asfc.gc.ca/publications/cn-ad/cn18-17-eng.html
This new surtax will be in effect as of October 25, 2018.
The Order applies to certain steel goods (goods) imported from all countries except for the exclusions listed below:
- The Order does not apply to goods originating in and imported from the U.S., Chile, and Israel or another CIFTA beneficiary.
- For goods originating in and imported from Mexico, this Order only applies to energy tubular products and wire rod.
- Additionally, the Order does not apply to goods originating in and imported from developing countries which are beneficiaries to the General Preferential Tariff (GPT) with one exception: concrete reinforcing bar originating in and imported from Vietnam are not exempt. A list of GPT beneficiaries is included in Appendix A.
To learn more, please see the link provided to the Department of Finance regarding this & the U.S. surtax remission: https://www.fin.gc.ca/n18/18-090-eng.asp