Tag: Tariffs
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Canfor and West Fraser reported second quarter losses within a day of each other this week, an Alberta sawmill was condemned, and one producer disclosed the first hard numbers on how the new Section 338 tariffs will hit Canadian wood panels VANCOUVER, July 31, 2026 Two of Canada’s three largest lumber producers reported second quarter…
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Customs’ Phase 3 refund machinery for the invalidated IEEPA tariffs came due at the end of July, but a government appeal has frozen billions owed to importers who never filed suit, and the fight over who gets paid is intensifying. WASHINGTON, Aug. 2, 2026. The largest tariff refund operation in American history reached its most…
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Carney rules out energy export curbs as a retaliation tool, narrowing Ottawa’s counter-tariff options with three weeks left before Washington’s 50 per cent Section 338 duties hit roughly $20 billion in Canadian goods RED DEER, Alta., July 30, 2026 – Prime Minister Mark Carney has taken Canada’s single largest source of economic leverage over the…
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Brazil brings the Mercosur-Singapore free trade agreement into force on August 1, securing immediate duty-free treatment for every Brazilian export line entering the city-state and giving the South American bloc its first trade pact with a Southeast Asian nation. BRASILIA, July 30, 2026: Brazil will implement the free trade agreement between the Southern Common Market,…
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The transition window on Washington’s forced labor tariffs closed this week, locking duties of 10 to 12.5 percent onto imports from 60 economies covering virtually all US trade and completing the largest single rebuild of the American tariff wall in decades WASHINGTON, July 30, 2026. The last grace period in the United States’ sweeping new…
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A two year countdown on generic drug tariffs formally began Saturday, giving the manufacturers of nine in ten American prescriptions until August 2028 to build in the United States or face duties of 100 percent, then 200 percent. WASHINGTON, Aug. 2, 2026. The most consequential tariff of the week is one that, for now, collects…
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A Saturday publication of more than 1,400 tariff changes brings duties of up to 86.5 percent on Chinese steel fasteners, plus new measures on specialty plastics and plywood, as Brussels hardens its trade defences while high-stakes talks with Beijing grind on. BRUSSELS, AUG. 2 – Importers across the European Union are spending the first days…
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Brussels imposes definitive anti-dumping duties of up to 67.6 percent on Chinese polyamide yarns, moving to shield a 400 million euro European market and some 2,000 manufacturing jobs across five member states as the measure takes full effect this week. BRUSSELS, AUG. 2 – European textile mills began their first full week under a new…
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Brussels locks in definitive anti-dumping tariffs of up to 67.6 percent on Chinese polyamide yarns, capping a twelve-month investigation and forcing a rethink of sourcing strategies across Europe’s textile supply chain BRUSSELS, July 31, 2026. The European Commission this week imposed definitive anti-dumping duties ranging from 60 percent to 67.6 percent on imports of polyamide…
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One day before the steepest pharmaceutical tariffs in modern American history take effect, the world’s largest drugmakers are racing to lock in agreements that would spare them a 100 percent duty on patented medicines WASHINGTON, July 30, 2026. The United States stands one day away from the most consequential deadline in the modern history of…