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Canada’s U.S. Trade Rules Are Changing | Edmonton News
Canadian exporters brace for major changes starting August 19th as U.S. tariffs could jump 50% on hundreds of products, forcing businesses to boost customs bonds and tighten compliance. A new presidential order aims to crack down on trade fraud and shell companies, but its broad rollout is hitting Canadian firms hardest—despite being a global policy. Many legitimate Canadian importers risk being reclassified as foreign entities, losing access to simplified customs processes and continuous bonds. With enforcement ramping up, companies must now identify their importer of record, audit bond…
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