U.S.-Canada Trade Agreement Boosts Class 1.4G Explosives Export
A recent bilateral trade agreement has streamlined the export process for Class 1.4G (Class C) explosives, commonly used in consumer fireworks, between the U.S. and Canada, reducing tariffs by 5%.
2023-10-15
Impact: This is expected to increase the volume of Class 1.4G explosives traded between the two countries, particularly benefiting U.S. exporters targeting Canadian markets during seasonal demand peaks.
Canada Implements Stricter Safety Regulations for Class 1.4G Imports
Canada has introduced new safety and labeling requirements for importing Class 1.4G explosives, aligning with international standards to ensure safer handling and storage.
2023-09-20
Impact: U.S. exporters may face increased compliance costs and potential delays at the border, which could temporarily slow trade until companies adapt to the new regulations.
Supply Chain Disruptions Affect Class 1.4G Trade at U.S.-Canada Border
Ongoing supply chain issues, including trucking delays and port congestion, have impacted the timely delivery of Class 1.4G explosives between the U.S. and Canada.
2023-08-05
Impact: Trade volumes for Class 1.4G explosives have seen a 10% decline in Q3 2023, with potential ripple effects on pricing and availability ahead of major holidays.
