Some Good Tariff News: Canadian Horses Will Continue to Cross Border Duty Free

[Wandering Eyes]

When President Donald Trump announced sweeping updates to the United States' global tariff structure Wednesday evening, there was some good news for the Thoroughbred racing industry, according to an analysis by the Canadian Thoroughbred Horse Society of the fact sheet which accompanied the announcement. Horses eligible under the USMCA (United States-Mexico-Canada Agreement) will continue to cross the U.S.-Canadian border duty-free, according to the CTHS.

As outlined in the fact sheet:

“For Canada and Mexico, the existing fentanyl/migration IEEPA orders remain in effect, and are unaffected by this order. This means USMCA-compliant goods will continue to see a 0% tariff…”

Under the USMCA,Thoroughbred horses (classified under Codes 0101.21.00 for pure-bred breeding animals and 0101.29.00.20 for others used for racing) retain their status as duty-free goods, ensuring uninterrupted cross-border movement vital to the industry.

In the CTHS analysis, horses from the U.S. will also be able to travel to Canada without a tariff. “In response, Prime Minister Carney has announced that the Government of Canada will be responding to President Trumps tariff orders by matching the U.S. approach with a 25% tariff on all vehicles imported from the U.S. that are not compliant with USMCA,” said the CTHS in a statement. “There being no reference to any other counter tariffs, this would indicate that Canada, like the U.S., will maintain the status quo as it relates to the USMCA agreement.”

The full document is available here.

“This is exceptional news for our community,” read a statement from the national board of directors of the CTHS. “The continuation of duty-free transport recognizes the long-standing and mutually beneficial relationship between Canadian and American Thoroughbred breeding and racing operations. We would like to extend our sincere thanks to the many industry members, organizations, and government officials in both countries who voiced the importance of this issue. Your dedication and collaboration were instrumental in protecting the interests of our cross-border industry. We also express our deep appreciation to U.S. businesses and officials who engaged with our concerns and understood the economic and cultural significance of our thoroughbred trade.”

The CTHS urged those shipping horses across the board to continue to carry appropriate documentation when transporting horses, including proof of foaling location (USA or Canada), and to notify the CTHS if they encounter any issues at the border.

The post Some Good Tariff News: Canadian Horses Will Continue to Cross Border Duty Free appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

View the full article