The Office of the United States Trade Representative (USTR) released additional exclusions for medical products targeted under Section 301 tariffs on goods from China. “Throughout the exclusion process, USTR assessed medical necessity in granting exclusions, consistent with its published criteria. In addition, the U.S. Trade Representative, in consultation with the Department [...]
what is sustainability? Depending on a company’s corporate vision, mission and goals, the way sustainability is defined can vary drastically from one business to the next. Responsible organizations that engage in sustainable practices are challenged to develop business strategies that cover human rights, labor, anti-corruption, and the hottest topic for [...]
As reported in early February, the outbreak and continuity of the Coronavirus (COVID-19) has created unprecedented strain on shipping and travel relationships between China and the rest of the world. Most notably, air and ocean freight carriers are experiencing a sharp decrease in activity, as shippers relying on Chinese-sourced goods [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
