US-Canada trade

Borderlands: Trade experts take stock on USMCA’s first anniversary

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trade experts take stock on USMCA’s first anniversary; more factories and jobs for Mexico; Quiet 3PF opens distribution center in Dallas; and border officials see uptick in migrants hiding in trains.

Trade experts take stock on USMCA’s first anniversary

July 1 will mark the first anniversary of the United States-Mexico-Canada Agreement (USMCA).

The trade pact was...

https://www.freightwaves.com/news/trade-experts-take-stock-on-usmcas-first-anniversary

USDA launches weekly report on produce from Mexico, Canada

The U.S. Department of Agriculture (USDA) recently launched a weekly data report on current market trends for key imported crops from Mexico and Canada.

The U.S.-Mexico-Canada Agreement (USMCA) Seasonal Perishable Products Weekly Update will highlight different produce commodities each week, varying to follow importing seasons, trends and crop cycles, officials said. 

“With the impact of COVID-19 on the produce industry, it is critical that we keep an eye on marketplace trends for seasonal and...

https://www.freightwaves.com/news/usda-report-highlights-mexico-canada-produce

Election 2020: For Canada, stakes go beyond trade

Trucks cross the the U.S.-Canada border. The US election could impact cross-border trade.

If Canadians could vote in the U.S. presidential election, more than 70% would choose Joe Biden over President Donald Trump, recent polls show. A major reason: Trump’s propensity to pick trade fights with Canada from aluminum and steel tariffs to restrictions on personal protective equipment exports.

“It’s more predictable with Biden. With Trump, you just never know,” Barry Prentice, a professor of supply chain management at the University of Manitoba, told FreightWaves. 

Despite starkly...

https://s29755.pcdn.co/news/election-2020-for-canada-stakes-go-beyond-trade

Under USMCA, Canada rolls with ‘new NAFTA’

Truck cross the Blue Water Bridge at the US-Canada border. The USMCA trade agreement may impact cross-border trade.

Before the United States-Mexico-Canada Agreement took effect at midnight Wednesday, Energy Transportation Group in Quebec had spent months working to ensure that its trucks will continue to move freight between Canada and the U.S. without a hitch.

“I don’t foresee any changes. If the trucks keep rolling, everyone will be all right,” Energy CEO Shawn Girard told FreightWaves.

The trade pact came into force on Canada Day, the country’s national holiday and normally a slow day for freight. However,...

https://s29755.pcdn.co/news/under-usmca-canada-rolls-with-new-nafta

US to hit Canada with aluminum tariffs, report says

A truck hauls metal in a flatbed trailer. Renewed tariffs on aluminum imports from Canada could impact speciality cross-border trucking.

The United States is preparing to re-impose tariffs on aluminum imports from Canada, according to Bloomberg. The move could disrupt cross-border supply chains by leading U.S. companies to re-source aluminum. 

The Trump administration is planning to restore a 10% tariff on July 1 in the event Canada refuses to cut exports, Bloomberg reported, citing anonymous sources. The tariffs would come on the same day that the United States-Mexico-Canada Agreement (USMCA) takes effect.

The revival of aluminum...

https://www.freightwaves.com/news/us-to-hit-canada-with-aluminum-tariffs-report-says

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