July 9, 2018 Canada updates final import surtaxes imposed on certain products originating in the United States Effective July 1, Canada imposed a 25% or 10% surtax on steel and aluminum products and many consumer goods originating in the United States under two retaliatory surtax orders. Certain exclusions from the originally proposed retaliatory tariffs were made, and the CBSA issued Customs Notice 18-08, clarifying the application of the surtax, adding certain exceptions thereto, and confirming that the Duties Relief and Duty Drawback programs relieving measures will apply to covered goods. A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details. ———————————————
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