Canada and U.S. Agree to 30-Day Tariff Pause Pending Negotiations

On February 3, 2025, Canada and the United States agreed to pause tariffs for a 30-day period, pending negotiations.

Canada and United States Tariff Resources 

The Town of East Gwillimbury’s Economic Development team can support your business in navigating the available supports and connections for your business or organization. 

Book a Meeting with Economic Development

Government Communications 

Tariff Supports and Information 

Supporting Agencies

Note: Rotate your device to horizontal/landscape to view the full table.

Level Link Description
Local Town of East Gwillimbury | Economic Development Navigate the available supports
Regional Central York Chamber of Commerce East Gwillimbury business advocacy
Provincial Ontario Chamber of Commerce Provincial business advocacy 
Provincial Ontario Made

Product promotion for manufacturers
Federal Canadian Manufacturers and Exporters Manufacturing advocacy and training
Federal Canadian Chamber of Commerce Federal business advocacy
Federal Export Development Canada Trade knowledge, financial solutions, insurance, equity and connections
Federal Trade Commissioner Services Connections to funding and international opportunities
Federal Business Development Bank of Canada  Financing for small and medium sized businesses 
Federal Farm Credit Canada Support for agriculture and agri-food sectors 
Federal Canada Small Business Financing Program Simpler small business loans
Federal Employment and Social Development Canada   Work sharing program to avoid layoffs

Select Events  

Note: Membership and Registration Requirements Vary

CME Insights: National Policy Webinar - US Trade and Tariffs | February 5, 2025

Time: 12 to 1 p.m. EST 

Location: Virtual

Cost: Free, but registration is for members only

Host: Canadian Manufacturers and Exporters

Description: CME continues to take action to protect Canadian manufacturers as U.S. trade policies shift under the new administration.

Recently, President Trump threatened to impose a 25 per cent tariff on Canada as early as February 1. In response, the federal government says it is prepared to impose retaliatory tariffs on U.S. goods entering Canada as soon as U.S. tariffs are put in place.

On the call we’ll provide an update on CME’s advocacy, share the latest insights on how the federal government is managing the tariff threat and hear directly from you on the impact a tariff will have on your business. Join us!

Registration

Customs Broker to Address Key Questions | February 6, 2025

Time: 11:30 a.m. EST

Location: Virtual

Cost: Free

Host: Excellence in Manufacturing Consortium

Description: Join us for a virtual information session with a leading customs broker who will provide expert insights into navigating the challenges of potential trade disruptions. With the looming uncertainty surrounding Canada / US Trade Relations and their implications, this session will address critical questions.

This session will address critical questions, including:

  • Strategies to mitigate risks, such as duty drawback programs, cost negotiations, and leveraging government initiatives.
  • Clarifications on whether tariffs apply only to goods or extend to services.
  • Insights into how pre-existing contracts and trade imbalances factor into tariff decisions.
  • Guidance on accessing resources and support for businesses facing these challenges.
  • Understanding the probability, scope, and timing of implementation and potential retaliatory measures.
  • Practical advice on restructuring corporate arrangements to minimize exposure.

This event will also explore pressing questions on the impact of tariffs on cross-border trade, including implications for Canadian exporters, importers, and businesses with integrated supply chains.

Don't miss this opportunity to gain actionable insights, ask your pressing questions, and prepare your business for the road ahead.

Registration

Critical Conversations in Transfer Pricing: Panel Insights on Emerging Trends | February 6, 2025 

Time: 1 p.m. EST 

Location: Virtual

Cost: Free 

Host: Ryan

Description: Join experts from tax.com™ and Ryan for an engaging panel discussion on the latest trends and strategies shaping the future of transfer pricing.

Key Topics Include:

  1. Optimizing and streamlining your transfer pricing processes for the future
  2. Building audit-ready documentation to meet evolving requirements
  3. Preparing for the OECD’s proposed Amount B approach to transfer pricing

Moderator:

  • Alex Ward, Account Executive, tax.com

Panelists:

  • Rob Letts, Vice President of Innovation, tax.com
  • Brian Vincent, Principal, Transfer Pricing, Ryan
  • Ayesha Siddiqua, Director, Transfer Pricing, Ryan

Register

Tariffs and Trade: Navigating the 2025 Global Landscape | February 19, 2025

Time: 11 a.m. to 12 p.m. EST 

Location: Virtual

Cost: Free

Host: BDO U.S.A.

Description: 

In the wake of Donald Trump's election as the 47th President of the United States, the business world is facing rapid and significant changes in trade policy. With proposed tariffs of 25% ad valorem on all goods exported from Canada and Mexico into the U.S., companies across North America are bracing for substantial impacts. Other proposed tariff hikes focus on imports from China (60% and higher), from all other nations (10%), and from the “BRICS” nations of 100%. 

This webcast will delve into the potential consequences of these sweeping tariff changes and explore strategies to mitigate their effects.


Register
This webpage will be updated as new information becomes available. Please reach out to ecdev@eastgwillimbury.ca for support. Sign up for our newsletter to receive tariff-related and general biweekly updates to your inbox.