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U.S. Tariffs Hit Canadian Imports | Calgary News
Starting August 19th, hundreds of Canadian products bound for the U.S. could face a 50% tariff—and it’s not just about taxes. Washington is also tightening import rules, demanding stricter vetting and more detailed documentation to combat trade fraud. Canadian businesses may need to boost their customs bonds, which guarantee duty payments. This stems from an executive order signed in June aiming to overhaul the importer system, but its broad reach has raised alarms among trade experts. Many legitimate Canadian firms—especially those importing through U.S. entities or as non-resident…
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