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WHAT NEW TARIFF ACTIONS DID THE WHITE HOUSE ANNOUNCE? Recent public remarks attributed to the White House indicate that higher tariffs may be imposed on imports from South Korea and Canada. The remarks suggest a potential increase in existing tariff levels tied to trade compliance considerations and reciprocal tariff treatment. [...]
UPDATE - READ ABOUT CBP GUIDANCE ISSUED FOR THESE EXPANDED SECTION 232 STEEL & ALUMINUM DUTIES HERE: https://www.greenworldwide.com/cbp-issues-formal-filing-guidance-for-expanded-section-232-steel-and-aluminum-derivative-products/ WHICH STEEL AND ALUMINUM PRODUCTS ARE NOW SUBJECT TO SECTION 232 DUTIES? The Bureau of Industry and Security (BIS) has added 407 HTSUS codes to the list of products treated as [...]
The U.S. Department of Homeland Security has added 37 entities to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List, to combat the use of forced labor linked to the Xinjiang region of China. This marks the largest single expansion of the list to date, bringing the total number [...]
Air cargo volumes from Asia are on the rise, driven by strong demand and shifting trade patterns. However, as the market continues to grow, securing space on major trade routes is becoming increasingly difficult due to ongoing capacity constraints. SHIFT IN AIR CARGO CONTRACTS Over the past year, capacity issues [...]
CHANGES TO ANTIDUMPING AND COUNTERVAILING DUTY PROCEDURES The U.S. Department of Commerce (DOC) has finalized a rule that revises several aspects of its antidumping (AD) and countervailing duty (CVD) procedures, with a focus on non-market economy (NME) policy. This update primarily impacts AD cases. It allows third-country entities, owned [...]
Demand for air cargo from Asia to Europe surged sharply in October, with e-commerce growth offsetting the usual lull following China’s Golden Week. This unexpected demand boost shifts from typical seasonal patterns, signaling strong volume momentum driven by factors like increased online shopping promotions and new product launches. The early [...]
The Office of the U.S. Trade Representative has introduced a new portal for businesses to submit exclusion requests for industrial machinery outside the solar sector. This initiative follows recent changes to the Section 301 action on Chinese imports. INDUSTRIAL MACHINERY SECTION 301 EXCLUSIONS While the updated regulations automatically grant exclusions [...]
COLOMBIAN TRUCKERS STRIKE, SET UP ROADBLOCKS IN PROTEST OF DIESEL FUEL HIKE Demonstrations, protests, and blockades ground the transportation industry to a near-halt in Colombia this week. Anger over a government price hike on diesel fuel triggered the labor unrest which included truckers going on strike and setting up blockades [...]
USTR: SECTION 301 MODIFICATIONS DETERMINATION FURTHER DELAYED On July 30, 2024, the United States Trade Representative (USTR) office announced that it continues to work on finalizing the determination, with plans to make it public in the coming days. This announcement marks another delay in the final decision on proposed Section [...]
