{"id":86397,"date":"2025-05-19T00:00:00","date_gmt":"2025-05-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/05\/19\/canada-keeps-most-us-tariffs-in-place-china-issues-90-day-pause-on-export-restrictions\/"},"modified":"2025-05-19T00:00:00","modified_gmt":"2025-05-19T00:00:00","slug":"canada-keeps-most-us-tariffs-in-place-china-issues-90-day-pause-on-export-restrictions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/05\/19\/canada-keeps-most-us-tariffs-in-place-china-issues-90-day-pause-on-export-restrictions\/","title":{"rendered":"Canada keeps most US tariffs in place + China issues 90-day pause on export restrictions"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Canada locks down on most US tariffs:<\/strong> Canada\u2019s government is keeping in place its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5e0278d2-ad92-40c3-bff8-deb93c3bde09\/%253cmark%253ecanada%253c%2Fmark%253e-launches-retaliatory-tariffs-on-the-us,-mexico-to-respond-%2B-us-firms-to-control-panama-canal-ports\" style=\"\" rel=\"noopener\">25% retaliatory tariffs<\/a> on US goods \u2014 with 70% of the counter-tariffs implemented in March still in place, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-18\/canada-says-most-tariffs-on-us-remain-pushing-back-on-oxford-report\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, quoting Canada\u2019s Finance Minister Francois-Philippe Champagne as saying. The minister indicated the government \u201ctemporarily and publicly paused tariffs\u201d on select goods for health and public safety reasons. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This was Champagne\u2019s pushback on Oxford Economics\u2019 recent report<\/strong><strong>,<\/strong> which claimed that Canada has suspended almost all of its retaliatory tariffs on US products, making their tariff-rate increase \u201cnearly zero\" in an attempt to bolster its economy, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-14\/canada-s-new-tariffs-on-us-drop-to-nearly-zero-with-exemptions-oxford-says\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing Oxford Economics calculations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Catching a break\u2026almost:<\/strong> It was alleged that a six-month exemption period would be implemented on retaliatory tariffs for products used in Canadian manufacturing as well as processing and F&B packaging, and public safety, national security, and healthcare-related items. Automakers, such as General Motors, or manufacturing companies in Canada were also said to be exempt from the tariffs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>China has issued a 90-day pause of its export restrictions on dual-use goods \u2014 items <\/strong><strong>used for both civil and military purposes<\/strong><strong> \u2014 that it previously imposed on 28 US firms<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-14\/china-suspends-export-controls-sanctions-over-us-entities\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Wednesday, citing a Chinese Commerce Ministry <a target=\"_blank\" href=\"https:\/\/www.mofcom.gov.cn\/syxwfb\/art\/2025\/art_8762463760e1439bbb7451f5a59564b8.html\" style=\"\" rel=\"noopener\">statement<\/a>. The move is yet another sign of <a target=\"_blank\" href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2025\/05\/fact-sheet-president-donald-j-trump-secures-a-historic-trade-win-for-the-united-states\/\" style=\"\" rel=\"noopener\">trade war de-escalation<\/a> between Beijing and Washington that saw the pair <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/b80a7b32-63e5-49dc-a1af-6ca9cd74e8d2\/flynas-sets-ipo-price-range,-sees-institutional-orderbook-fully-subscribed-within-minutes-of-launch\" style=\"\" rel=\"noopener\">agree to slash their bilateral tariffs<\/a> for 90 days earlier this month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uncertainty on rare earths inclusion?<\/strong> While the notice didn\u2019t list specific items, earlier filings on <a target=\"_blank\" href=\"https:\/\/www.mofcom.gov.cn\/xwfb\/xwfyrth\/art\/2025\/art_b79820f22afe4b0b835cd996432f1b52.html\" style=\"\" rel=\"noopener\">4 April<\/a> and <a target=\"_blank\" href=\"https:\/\/www.mofcom.gov.cn\/xwfb\/xwfyrth\/art\/2025\/art_fbcbc43576ec43ddaf195cbb2723e7d5.html\" style=\"\" rel=\"noopener\">9 April<\/a> named seven rare earth elements as controlled dual-use goods. The pause gives US firms temporary relief, but it\u2019s unclear if curbs will return after the 90-day window. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The background: <\/strong>The world\u2019s second-largest economy had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/222f78f4-55ce-4f8d-a8c4-e18f222a23e3\/today:-uae-to-invest-usd-90-bn-for-air-fleet-expansion-by-2032-%2B-riyadh-air-eyes-50-widebody-jets-order-this-year\" style=\"\" rel=\"noopener\">announced export controls<\/a> on rare earth minerals in February, citing national security concerns. The restrictions were part of a wider retaliatory package from Beijing that also imposed a 15% duty on US coal and LNG and a 10% duty on oil, farm equipment, and some vehicles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- The US\u2019 current 30% rate is set to cripple Chinese exports: <\/strong>Washington\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/68cb8ea3-4d24-46cb-a558-bd76f12cc657\/today:-flynas-ipo-launches-%2B-dp-world-to-invest-usd-760-mn-in-dominican-republic\" style=\"\" rel=\"noopener\">30%<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/68cb8ea3-4d24-46cb-a558-bd76f12cc657\/today:-flynas-ipo-launches-%2B-dp-world-to-invest-usd-760-mn-in-dominican-republic\" style=\"\" rel=\"noopener\">tariff on inbound Chinese imports<\/a> \u2014 predicted to last throughout until late this year \u2014 is set to effectively slash 70% of China\u2019s medium-term exports to the US, according to a survey of 22 Asian, European, and US fund managers conducted by <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-16\/trump-s-china-tariffs-seen-staying-at-30-through-late-2025?srnd=phx-economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> on Friday. Respondents generally believe that the US is unlikely to bring its tariffs on Beijing to less than 30%, with six predicting a hike and seven predicting a further cut below the 30% rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stories on our radar this morning from around the world<\/p>\n","protected":false},"author":1,"featured_media":86398,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[149],"tags":[148,248,32,726],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-china","tag-trade","tag-usa","wpautop","entry"],"acf":{"mongo_id":"6f26ecaf-66c0-412a-87c5-eeb05c86da8c","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/1300.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Canada 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