Import

More Section 232 Tariffs for Finished Products of Steel & Aluminum, Effective Feb. 8

On January 24, 2020, the White House issued a proclamation announcing additional 25 and 10 percent tariffs on certain products of steel and aluminum, effective February 8, 2020. All imports of derivative aluminum articles specified in Annex I to this proclamation shall be subject to an additional 10 percent ad [...]

2020-01-28T20:47:49+00:00January 28th, 2020|Customs, Import|

U.S. Senate Passes USMCA, now heads to President’s Desk

On January 16th, the U.S. Senate overwhelmingly approved legislation to overhaul the 25-year-old trade pact among the U.S., Canada, and Mexico. The deal, more commonly known as USMCA, passed by 89-10, now goes to the President’s desk for signature after which the bill will be passed to Canada for their [...]

2020-01-17T16:53:40+00:00January 17th, 2020|Export, Freight Market, Freight Talk, Import, Shipping News|

China-U.S. Trade Deal: Details for International Shippers

On Wednesday, January 15, 2020, United States President, Donald Trump, and Chinese Vice Premier of the People’s Republic of China, Liu He, took significant steps towards de-escalating the nearly two-year trade war by signing a Phase One trade agreement. The long-awaited trade deal is comprehensive and covers everything from agricultural [...]

2020-01-17T15:58:05+00:00January 17th, 2020|Customs, Export, Import, Industry Spotlight|

Section 301: Exclusions, Extensions, and Expirations

On December 31, 2019, the Office of the United States Trade Representative (USTR) issued the final set of Section 301 product exclusions for the 2019 calendar.  The exclusions, reflected in 2 ten-digit HTSUS subheadings and 66 specially prepared product descriptions, covering 81 separate exclusion requests. LIST 3 ($200 BILLION): EXCLUSIONS GRANTED [...]

2020-01-03T14:23:34+00:00January 3rd, 2020|Customs, Import, Industry Spotlight|

USTR Issues More Exclusions for Section 301 Lists 1 & List 3 on Products from China

On Tuesday, December 17, 2019, the Office of the U.S. Trade Representative (USTR) issued another set of Section 301 exclusions for List 3 ($200 million) and explanatory clarification for List 1 ($34 billion) regarding products from China. LIST 3 ($200 MILLION) New exclusions are reflected in 9 ten-digit HTSUS subheadings [...]

2019-12-18T20:52:05+00:00December 18th, 2019|Customs & Compliance, Import, Industry Spotlight|

U.S.-China Reach Trade Deal, Phase One Announced

On Friday, December 13, 2019, after almost a year of tense negotiations and escalating trade penalties, the United States and China have finally announced progress with Phase One of a new ‘historic and enforceable agreement.' The United States first imposed tariffs on imports from China based on the findings of [...]

2019-12-13T21:00:27+00:00December 13th, 2019|Export, Import, Industry Spotlight|

Section 232 Steel and Aluminum Tariff Exemptions End for Brazil and Argentina

In a Twitter post on December 2, 2019, the United States President, Donald Trump, announced intentions to remove tariff exemptions “effective immediately” on steel and aluminum granted to Brazil and Argentina last year. Citing Brazil and Argentina’s massive devaluation of their currencies which enabled China to increase purchases of agricultural [...]

2019-12-04T22:53:45+00:00December 4th, 2019|Customs, Import, Industry Spotlight|

USTR Section 301 Investigations Target Digital Services Tax

On Monday, December 2, 2019 the Office of United States Trade Representative released findings from a Section 301 investigation against France’s Digital Services Tax (DST) for discrimination against U.S. companies, inconsistency with prevailing principles of international tax policy, and creating unusual burdens for affected U.S. companies. In a Federal Register [...]

2019-12-04T16:11:08+00:00December 4th, 2019|Customs, Export, Import, Industry Spotlight|

GREEN Act Extension Would Support Project Cargo Through 2026

On November 19, 2019, Congress introduced an extension of the Growing Renewable Energy and Efficiency (GREEN) Act with support of the current Wind Power Production Tax Credit (PTC) and the Investment Tax Credit (ITC) for an additional 5 years, through 2026. Growing Renewable Energy and Efficiency (GREEN) Act WHO WOULD [...]

2019-12-04T15:38:54+00:00December 4th, 2019|Domestic, Import, Industry Spotlight|
Load More Posts