CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

Route Article

White House puts off decision on U.S tariffs

     White House

Temporary tariff exemptions on imports of steel and aluminum into the U.S. from multiple countries, including Canada, were extended by one month on May 1st.  The other countries involved include Mexico and the member countries of the European Union (EU). 

The White House’s original plan, announced in March, was to apply tariffs of 25 per cent on imported steel and 10 per cent on imported aluminum from all countries.  But the announcement was quickly reversed after the stock market dropped 2% and many important U.S. politicians spoke out against the tariffs.

Varying degrees of progress are being made with other countries:

  • South Korea: deal on steel imports
  • Argentina, Australia, Brazil: negotiations on steel and aluminum nearing completion
  • China: little or no progress

Canada and EU countries have announced that they will retaliate if the threatened U.S tariffs are implemented.

For more information, contact Brian Rowe, Director – Customs Compliance & Regulatory Affairs.

  Global Spotlight Quiz
     Global Spotlight
  One of the sights that attracts
millions of sightseers annually

Global Spotlight Quiz

Quick Tip #51
The link between insurance premiums and risk

There are many factors which affect the pricing of your insurance premium, but all revolve around the risk involved. For example, the longer the transit time, the more time available for something negative to happen.

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics