The following was taken in part from the NCBFAA:
Late yesterday afternoon, July 20th, President Trump said in a proclamation that his administration, under Section 338 of the 1930 Trade Act, will impose an additional ad valorem duty of 50% on certain products of Canada, effective 12:01 AM EDT on August 19th in response to Canada’s tariff rate quotas for dairy products.
In another proclamation utilizing Section 338 that was announced late yesterday afternoon, July 20th, the President called for additional ad valorem duty of 50% on certain Canadian products, effective 12:01 AM EDT on August 19th in response to Canada’s prohibition on imports and sales of U.S. alcoholic beverages.
In a third proclamation from the White House late yesterday afternoon, July 20th, it was announced that Section 338 tariffs of 50% will apply on certain Canadian products, effective 12:01 AM EDT on August 19th in response to Canada’s 25% on imports of U.S. motor vehicles that do not qualify for preferential, duty-free treatment under the United States-Mexico-Canada Agreement (USMCA).
See impacted Canadian product imports and HTS numbers: Proclamation, “IMPOSING ADDITIONAL DUTIES TO OFFSET CANADIAN DISCRIMINATION AGAINST THE COMMERCE OF THE UNITED STATES WITH RESPECT TO DAIRY,” Annex 1 and Annex II; Proclamation, “IMPOSING ADDITIONAL DUTIES TO OFFSET CANADIAN DISCRIMINATION AGAINST THE COMMERCE OF THE UNITED STATES WITH RESPECT TO ALCOHOLIC BEVERAGES,” Annex I and Annex II; and Proclamation, “IMPOSING ADDITIONAL DUTIES TO OFFSET CANADIAN DISCRIMINATION AGAINST THE COMMERCE OF THE UNITED STATES WITH RESPECT TO MOTOR VEHICLES,” Annex 1 and Annex II.
As reported by International Trade Today (ITT), this is the first time tariffs have been imposed under Section 338. “There is no time limit for these tariffs in the law, and no language in the law about when they should be removed,” ITT said.
RIM logistics, ltd. will continue to closely monitor this evolving situation and provide updates as necessary. Please reach out to your RIM representative if you have any questions.