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Before we dive into the export controls outlook, here is an overview of the current state of politics in Canada, which includes a discussion of the legislative powers that remain while Canadian Parliament is prorogued until March 24, 2025. This data illustrated an increasing share of imports for this particular exporter.
They followed the SupplyChain Canada’s Code of Ethics for Professionals the letter for their entire career and had never encountered this situation before. For example, a Buyer was tasked with ordering scientific equipment and lab supplies for a university in Africa. All went well until the shipment arrived at the airport.
12 Responsible Consumption and Production , calls for a systemic approach and cooperation among all stakeholders along the supplychain to achieve sustainable production and consumption patterns. It can be a deciding factor of why one company may rank higher over another, with pricing and other key factors being the same.
From May to August 2023, the Government passed into law novel supplychain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation.
In particular, the Government seeks comments on whether restrictions on the Canadian EV supplychain are required to safeguard net-benefits to Canadians and Canadian national security. In 2022, Canada notably relied on the ICA to order three Chinese companies to divest from Canadian lithium mining companies.
3705, which requires offerors to submit data other than certified cost or pricing data so that contracting officers may determine the price reasonableness of a contract, subcontract, or modification. Cost Accounting Section 802 amends 10 U.S.C. The provision amends the reporting requirement under 10 U.S.C.
This will empower local African companies to expand their customer base and enable access to wider export markets globally. The proposed idea is to digitally integrate smallholder farmers into Choppies’ supplychain, to overhaul procurement operations to allow fresh produce to swiftly reach store shelves.
Additionally, USTR invoked its authority to investigate restrictions to US commerce that include the provision of subsidies for the construction of vessels used in the commercial transportation by water of goods between foreign countries and the United States.
Potential Changes to FSS EPA Clauses As you know, one of the Coalition’s priorities in 2022 and 2023 was to increase flexibility in the application of Economic Price Adjustments (EPAs) in the Federal Supply Schedule (FSS) program during a time of historic inflation. To register, click here.
Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”) Consumer Price Index for All Urban Consumers (“CPI-U”). 3] Because economists often consider food and energy prices to be too volatile, they may pull those items out to see what is called “core inflation.” [4] Here, I provide some of the latest information and updates.
Again, the agency found that only one domestic firm could produce BAA-compliant valves and after comparing the prices, the price disparity was unreasonable in accordance with the Federal Acquisition Regulation. The GAO agreed with Unico, finding the waiver was improperly granted.
Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supplychains. As of 2023, the US was the UKs largest single export market, accounting for approximately 21.7% of total UK exports, valued at 186.7
When farmers receive a fair price for their harvest, they can farm sustainably, keep their kids in school, and reduce the risk of displacement. The gained efficiencies empowers commercial partners to make timely, data-driven decisions that drive supplychain transparency and sustainability.
Whilst Trump’s second term will be unpredictable, key mitigation strategies can be implemented, such as relocation of production (subject to anti-circumvention rules see our blog post on the recent ECJ case on anti-circumvention of tariffs), considering contractual clauses and exclusions, as well as possible lobbying.
Where necessary, assess whether the liability arising from the reciprocal tariffs may be shifted or mitigated through contractual terms such as force majeure and price adjustment clauses. to remove non-dutiable licensing fee, royalties, marketing fee, and other costs) from the cost of goods.
This morning, the EUs President von der Leyen posted a statement in which she stated that she deeply regrets the US decision to impose tariffs on EU steel and aluminum exports and that the unjustified tariffs will not go unanswered. The key question now is how other jurisdictions such as the EU and the UK will retaliate.
How can businesses prepare Businesses should be aware of their import and export volumes in the US and the EU, broken down by products and current tariff rates. If no disapproval is issued within these 30 days, the retaliatory tariffs will take effect the day after this period expires (which is expected to be mid-May).
The implications of tariffs are wide ranging: the volatile nature has created significant uncertainty in the markets, whilst tariffs on imports from major trading partners like China, Canada, and Mexico may lead to increased consumer prices whilst straining key trading relationships.
Non-tariff tools : Economic measures are also being used to control the global supplychains of critical minerals or other materials, for which China is a major supplier. Methods include export controls and reforms to export VAT refund rates for certain products, such as batteries, oils, and solar panels. with non-U.S.
In brief Following President Trumps extensive new import tariffs, many companies are grappling with increased costs and supplychain uncertainty. Beyond force majeure, some contracts have price adjustment, hardship, or material adverse change clauses that may be helpful. Does it list government actions or changes in law?
The following announcements have been made as of 2:00 PM EST on March 4, 2025: Province Proposed Countermeasures Ontario Should further tariffs comes into effect, apply a 25% export tax to all electricity sent from Ontario to New York, Michigan and Minnesota. The timing is unclear. GST is calculated on the duty paid value (e.g.,
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