Friday, 28 March 2014 09:55

Minister Raitt criticizes proposed US legislation

303 Raitt

Canadian Federal Transport Minister Lisa Raitt has criticized the latest round of proposed U.S. legislation that would tax cargo entering the U.S. from Canadian ports. “We will vigorously defend our trade interests and the rights attained through our international trade agreements,” Minister Raitt told attendees of the Association of American Port Authorities’ spring conference in Washignton, D.C.  Washington State politicians have introduced bills in their respective chambers that would replace the Harbor Maintenance Tax (HMT) with a fee on all containers that originate internationally. Supporters argue the legislation would stop shippers from circumventing the 0.125% levy on the value of cargo imported through U.S. ports by diverting shipments through Canadian and Mexican ports. The Minister reminded her audience that Canadian destined cargo coming through U.S. ports is on average three times that of the traffic of U.S.-bound cargo through Canadian ports. 

Read 2323 times Last modified on Tuesday, 01 April 2014 21:24
Login to post comments