NAFTA deal still in question
TORONTO, ON – The future of NAFTA remains uncertain as negotiators prepare for their latest round of meetings, this time in Montreal. Months into discussions, nobody even knows if U.S. President Donald Trump will decide to outright scrap the deal that governs every load of cross-border freight. With about 10 million trucks crossing between Canada and the U.S. each year, there is plenty of business at stake. A recent survey by Export Development Canada even found that 26% of exporters would shift their business to the U.S. if the agreement was revoked outright. Trade between the U.S. and Canada tripled between 1986 and 2017, Canadian International Freight Forwarders Association executive director Ruth Snowden observed, during a January 17 seminar hosted by the Fernandes Hearn law firm in Toronto. “If [NAFTA] goes, it could be very significant.”
No anti-dumping penalties for Chinese tires in U.S.
WASHINGTON, DC - The United States International Trade Commission has determined a U.S. industry is not "materially injured or threatened with material injury" by imported Chinese truck tires that the U.S. Department of Commerce says are subsidized and sold below market value. As a result, the U.S. Department of Commerce will not issue antidumping and countervailing duty orders on the imported products.