Export

U.S. Cancels Oct. 15 Tariff Hike as China Deal Takes Shape

On October 11th, the U.S. announced a major step forward in the escalating trade dispute with China – that a “substantial” Phase 1 deal has been agreed to covering intellectual property, financial services, and the sale of American agriculture products. While there is doubt as to the full scope of [...]

2019-10-23T19:42:34+00:00October 15th, 2019|Customs, Export, Import, Industry Spotlight|

U.S. and Japan Reach Trade Deal, Starting Jan. 1

On September 25, 2019 the United States and Japan reached an agreement which allowed for tariff reductions on agricultural, industrial and digital goods into both nations. The agreement will go into effect on January 1, 2020 with an additional round of reductions to be announced by April 1, 2020. Under [...]

2019-10-03T19:22:57+00:00October 3rd, 2019|Customs, Export, Import, Industry Spotlight|

FMC Seeks Industry Comment for a Proposed Interpretive Rule on Demurrage and Detention

After years of consideration, on September 13, 2019, the Federal Maritime Commission (FMC) issued a Federal Register Notice “seeking public comment on its interpretation of the Shipping Act prohibition against failing to establish, observe, and enforce just and reasonable regulations and practices relating to or connected with receiving, handling, storing, [...]

2019-09-15T23:23:08+00:00September 15th, 2019|Domestic, Export, Import, Industry Spotlight, Shipping News|

15 Day Delay for Oct. 1 Section 301 Tariff Increase on Chinese Imports

On Wednesday, September 11, in a “gesture of good will,” United States President Donald Trump announced a 15-day postponement to the Section 301 tariff escalation, originally scheduled for October 1st, that will increase tariffs on $250 billion worth of Chinese imports from 25% to 30 percent.  The Chinese government reciprocated, [...]

2019-09-12T13:41:00+00:00September 12th, 2019|Customs, Export, Import, Industry Spotlight|

Section 301 Tariff Increases, Summary & Deadlines

On the Sunday eve before Labor Day, as American families gathered to celebrate the social and economic achievements of the U.S. labor movement, increased trade tariffs went into effect targeting imports from China in an ongoing effort by the U.S. government to pressure a trade deal and eliminate unfavorable trade [...]

2019-09-04T02:45:48+00:00September 4th, 2019|Customs, Export, Freight Market, Import, Industry Spotlight|

PierPass Announces 1.9 Percent Increase to TMF

According to The West Coast MTO Agreement (WCMTAO), beginning August 1, 2019, the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach will increase from $31.52/TEU and $63.04/FEU to $32.12/TEU and $64.24/FEU. The TMF, implemented through PierPass, helps terminal operators with the cost of providing essential [...]

2019-07-17T14:06:57+00:00July 17th, 2019|Export, Import, Industry Spotlight, Shipping News|

India Loses GSP Status Starting June 5

Late on Friday, May 31, the United States announced the removal of India from the Generalized System of Preferences (GSP) program effective Wednesday, June 5, 2019.  The United States launched an eligibility review of India’s compliance with the GSP market access criterion back in April 2018. According to the USTR, [...]

2019-06-04T20:31:37+00:00June 3rd, 2019|Customs, Export, Import, Industry Spotlight|

U.S. Lifts Section 232 Steels Tariffs for Canada and Mexico

In an effort to advance Congressional approval of a new North American trade deal, the United States-Mexico-Canada Agreement (USMCA), the United States and Canada have agreed to eliminate steel and aluminum tariffs spurred by Section 232 investigations almost a year ago. In a joint statement issued Friday, May 17, 2019, [...]

2019-05-17T20:23:17+00:00May 17th, 2019|Customs, Export, Import, Industry Spotlight|

US Prepares to Meet China at G20 Japan, List 4 Tariffs Published

Just as shippers hoped the trade dispute between China and the United States was coming close to a deal, issues during the negotiations have re-ignited tensions culminating in new tariffs on both sides of the Pacific. MAY 10, 25% DUTIES ON LIST 3 Last week, the Office of the U.S. [...]

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