Trade & tariffs If you’re a business owner, then chances are you’ve been following as the United States trade agenda sent waves of change across international waters. After implementing tariffs on imported steel and aluminum, the Administration also announced the first round of additional 25 percent Section 301 tariffs on [...]
On July 6th, Section 301 tariffs will apply 25 percent duties to the first list of impacted imports from China, with a second list waiting to be published. In addition, Section 232 tariffs are levying 25 percent duties on imported steel and 10 percent on aluminum. Shippers must consider the [...]
As reported in May, the Office of the United States Trade Representative (USTR) published the list of products from China that will be subject to Section 301 tariffs. Citing unfair policies and practices related to the transfer of technology and intellectual property rights, the administration released a statement confirming United [...]
Published and effective June 12, 2018 the Air Cargo Advanced Screening program (ACAS) addresses “ongoing aviation security threats” by enhancing the security of the aircraft and passengers on U.S.-bound flights by enabling U.S. Customs and Border Protection (CBP) to perform targeted risk assessments on air cargo prior to the aircraft departure [...]
Last week, the United States shocked the international trade community by implementing 25 percent tariff on steel and 10 percent on aluminum for its closest trading allies, the European Union, Canada, and Mexico. While the greater culpability of steel and aluminum overcapacity rests with China, the U.S. believes transshipping, currency [...]
The United States will proceed with implementing a 25 percent tariff on steel and 10 percent on aluminum imports starting midnight this Friday, June 1, 2018. Originally announced in March, key allies were exempt pending independent trade negotiations, such as North American Free Trade Agreement (NAFTA), but with stagnant progress, the administration [...]
Beginning June 1st, 2018, Chinese Customs has announced the launch of a new manifest initiative to expedite clearance procedures for both import and export, air and ocean cargoes. An electronic submission will be required 24 hours prior to loading at the port of export, as reflected on the bill of lading. [...]
Shippers, reliant business owners, and other dependent industries are watching closely as the United States and China face-off in tense international trade negotiations. Earlier this year, the U.S. administration announced 25% tariff on steel and 10% on aluminum imports in an effort to protect domestic manufacturing from excessive “dumping” by Chinese [...]
As the first day of public hearings commenced, hundreds of U.S. companies gathered in Washington to testify for the U.S. Trade Representative’s Section 301 hearing regarding tariffs to be issued on $50 billion worth of import goods from China. Spanning over three days, large shippers and lobbying groups, such as General [...]
On April 30th, the United States issued extensions and exemptions to preferred trading partners from the Section 232 steel and aluminum import duties. 30-day exemptions for steel imports have been issued to: Canada Mexico Australia Argentina South Korea Brazil European Union Post-June 1, full exemptions on steel imports will continue for: Argentine Australia [...]
