Refiners and fabricators of gold products face tariff exposure on value-added gold shipments. Bullion flows are unaffected.
Canadian gold refining and semi-finished gold products are a significant export. Monetary gold (bullion) remains exempt; semi-manufactured forms are affected.
Actionable options for affected Canadian exporters
Customs reclassification review
Market diversification (CETA)
Supply chain restructuring
Canadian industries exposed to HS 7108.12 tariff changes
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