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News

Australia Delays Low-Value Goods GST Reform To 2018

03/07/2017

The Australian Government will apply the 10 percent goods and services tax to low-value goods purchased from overseas sellers from July 1, 2018, a year later than originally planned.

US Commerce Dept Announces Anti-Dumping Determination for Canadian Softwood Lumber

01/07/2017

The US Department of Commerce confirmed on Monday 26 June that Washington has made a preliminary anti-dumping determination on imported Canadian softwood lumber, with a final determination slated for early September.

More trouble for Canada-EU trade deal, as drug changes delay implementation

29/06/2017

Canada’s goal to see its trade agreement with the European Union take flight this summer now appears grounded by a second series of concerns, this time from the pharmaceutical industry.

Moon Enlists Chaebol Execs to Disarm Trump's Trade Threat

28/06/2017

Since taking office in January, President Donald Trump has pulled the U.S. out of the Trans-Pacific Partnership and started renegotiation of the North American Free Trade Agreement. The challenge for South Korean President Moon Jae-in, who heads to Washington this week, is to keep Trump away from another deal the billionaire dislikes: their 2012 free-trade pact.

Dreyfus CEO says 'confident' Argentina will win biodiesel case

28/06/2017

Commodity trader Louis Dreyfus Co's chief executive officer told Reuters on Wednesday he was "confident" Argentina would prevail in fighting an "unjust" biodiesel dumping case in the United States.

Canadian Ministers Discuss US Anti-Dumping Duties

28/06/2017

Natural resources ministers from Canada's federal and provincial governments have said that they stand firmly behind the forest industry, following the imposition by the US of new duties on imports of softwood lumber.

Caisse fires back at Boeing over Bombardier claims

28/06/2017

Quebec's largest pension fund has dismissed as "absolute nonsense" claims by Boeing Co (BA.N) that its $1.5 billion investment in Bombardier Inc's BBD.b.TO rail business amounted to an unfair subsidy to the Canadian company.

Auto firms ask to lower component import taxes

28/06/2017

High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20 per cent higher than imports from Thailand and Indonesia.