Border loophole frustrates retailers

July 5, 2021 Yahoo! News 0 Comments

The Thunder Bay Chamber of Commerce wants a loophole closed that is seeing overseas products dodge tariffs when Canadians buy them through U.S. retailers.

In a statement to The Chronicle-Journal, the Chamber said the Canada Border Services Agency (CBSA) is responsible for administering trade agreements to meet Canada’s international obligations.

“When the accounting for imported goods is performed by CBSA (Canada Border Services Agency), a ‘tariff treatment’ code is assigned based on the country of origin (where the product was made). This code triggers duty rates based on trade agreements with other countries.” Read More.

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