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[Roundup]: The Impact of CARM on US-Canada Trade So Far.
Let's start the week with the latest CARM trade system complexities with industry expert Kim Campbell.
Discover how new import regulations are reshaping cross-border shipping, challenging small businesses, and creating unexpected barriers between the US and Canada. Learn about critical challenges in customs documentation, payment processes, and the potential solutions emerging from government discussions. Whether you're an importer, small business owner, or trade professional, this insider update reveals the critical changes transforming international trade dynamics. Uncover the hidden impacts on supply chains, shipping strategies, and cross-border commerce that could make or break your business in 2025>
Credits:
Kim Campbell: https://www.linkedin.com/in/kim-campbell-ca/
Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
Main Points/Takeaways:
1. CARM System Status
- Initial implementation was chaotic
- Entries and accounting now more stable
- Significant changes to customs broker roles
2. Key Challenges
- Difficult portal registration
- Backlogged help desk (weeks/months to respond)
- Complex payment and calculation processes
- Mandatory electronic communication requirements
3. Border Impact
- Shipments being turned back or stuck in warehouses
- Small and medium enterprises most affected
- Bond requirements creating major logistical barriers
4. Proposed Solutions
- Extend grace period for RPP (Release Prior to Payment)
- Allow customs brokers to clear smaller importers
- Simplify credit card payment options
- Create exceptions for low-volume importers
5. US-Canada Trade Relationship
- Ongoing negotiations with potential agreement by July 21
- Continued resolve from Canadian consumers to support domestic products
- Potential retaliation on steel and aluminum tariffs
6. Immediate Recommendations
- Work with customs brokers
- Understand new portal requirements
- Prepare for potential system changes
- Stay informed about evolving trade regulations
In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬
Recommended Resources:
Check out these courses we offer here at GTC! 👀🌎
📩Importing https://globaltrainingcenter.com/importing-procedures/
😵💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/
🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/
👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
Contact Us/ Suggest Topics
Contact: [email protected]
View all episodes
By Global Training Center
4.6
2222 ratings
Let's start the week with the latest CARM trade system complexities with industry expert Kim Campbell.
Discover how new import regulations are reshaping cross-border shipping, challenging small businesses, and creating unexpected barriers between the US and Canada. Learn about critical challenges in customs documentation, payment processes, and the potential solutions emerging from government discussions. Whether you're an importer, small business owner, or trade professional, this insider update reveals the critical changes transforming international trade dynamics. Uncover the hidden impacts on supply chains, shipping strategies, and cross-border commerce that could make or break your business in 2025>
Credits:
Kim Campbell: https://www.linkedin.com/in/kim-campbell-ca/
Host: Annik Sobing - https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/
Main Points/Takeaways:
1. CARM System Status
- Initial implementation was chaotic
- Entries and accounting now more stable
- Significant changes to customs broker roles
2. Key Challenges
- Difficult portal registration
- Backlogged help desk (weeks/months to respond)
- Complex payment and calculation processes
- Mandatory electronic communication requirements
3. Border Impact
- Shipments being turned back or stuck in warehouses
- Small and medium enterprises most affected
- Bond requirements creating major logistical barriers
4. Proposed Solutions
- Extend grace period for RPP (Release Prior to Payment)
- Allow customs brokers to clear smaller importers
- Simplify credit card payment options
- Create exceptions for low-volume importers
5. US-Canada Trade Relationship
- Ongoing negotiations with potential agreement by July 21
- Continued resolve from Canadian consumers to support domestic products
- Potential retaliation on steel and aluminum tariffs
6. Immediate Recommendations
- Work with customs brokers
- Understand new portal requirements
- Prepare for potential system changes
- Stay informed about evolving trade regulations
In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬
Recommended Resources:
Check out these courses we offer here at GTC! 👀🌎
📩Importing https://globaltrainingcenter.com/importing-procedures/
😵💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/
🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/
👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/
Connect with Simply Trade Podcast:
- Subscribe: https://www.youtube.com/channel/UCdmyGU5foKm4aFlpo7Oms4g
- LinkedIn: https://www.linkedin.com/showcase/simply-trade-podcast/
- Twitter: https://twitter.com/SimplyTradePod
- Website: https://globaltrainingcenter.com/simply-trade-podcast/
Contact Us/ Suggest Topics
Contact: [email protected]
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