April 18, 2019

Technical documents: Government memorandums, notices and decisions

Customs Notice 18-17 Provisional Safeguard Measures Imposed on the Importation of Certain Steel Goods Canada imposes additional sanctions on the Maduro regime in Venezuela Textiles and Clothing Free Trade Agreement Tariff Preference Level Utilization 2019 Imports – Updated Textiles and…

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The pace of economic growth is still slowing down in most major economies

The OECD’s indicators point to slowing growth in Canada, the U.S., Japan and the United Kingdom. The Organisation for Economic Co-operation and Development (OECD) announced that its composite leading indicators (CLIs) continue to point to easing growth momentum in most…

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EU reports progress in trade negotiations with Mercosur, Indonesia, and Australia

Negotiations with the countries and group will enter more rounds throughout the summer. The European Commission is negotiating several trade agreements between the European Union (EU) and various countries and trade blocs and recently reported on progress in negotiations with…

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Softwood lumber: Canada will appeal WTO findings on U.S. zeroing calculations

Zeroing allows to disregard transactions which would otherwise lower the rate of punitive duty. Canada’s Minister of Foreign Affairs, Chrystia Freeland, issued a statement on the recent decision of a World Trade Organization (WTO) dispute resolution panel on U.S. duties…

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Canadian trade deficit drops to $2.9 billion in February

Statistics Canada says exports were down 1.3% while imports declined 1.6%. Statistics Canada announced that the country’s merchandise trade deficit with the world was down slightly, from $3.1 billion in January to $2.9 billion in February. The Federal agency says…

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