Citing agreement between the neighboring trading partners, the United States announced over the weekend that it will “indefinitely postpone” the five percent tariff set to target Mexican imports to the U.S. starting June 10. In a series of tweets, the U.S. President stated that Mexico has provided an acceptable solution [...]
On May 30, 2019, the U.S. Trade Representative (USTR) published the fifth and newest list of product exclusions to be exempt from the initial Section 301 trade action that impacted over $34 billion worth of goods from China. FULL USTR NOTICE OF PRODUCT EXCLUSIONS Exclusions are available for any [...]
On Friday, May 31, The Office of the U.S. Trade Representative (USTR) announced an extension on the amount of time importers have to enter List 3 goods exported from China before the goods will are subject to the additional tariff increase from 10 percent to 25 percent. FREIGHT TALK BLOG: [...]
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, [...]
It’s been almost a year since U.S. Customs and Border Protection (CBP) announced the beginning of new security measured for airfreight cargo. The Air Cargo Advanced Screening program (ACAS) was created to address “ongoing aviation security threats” by enhancing the security of the aircraft and passengers on U.S.-bound flights by enabling [...]
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, [...]
Effective May 17, 2019, the designation of Turkey as a beneficiary developing country was terminated in a White House proclamation posted the evening of May 16th. No longer protected by the Generalized System of Preferences (GSP), Turkey products are now subject to safeguard tariffs for goods such as solar cells [...]
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. [...]
China’s finance ministry announced on Monday evening that it would proceed in raising tariffs on roughly $60 billion worth in American goods beginning June 1, 2019. Beijing will increase tariffs on more than 5,000 products to 20 percent or 25 percent from the previous 10 percent imposed last fall. As [...]
Acting on threats from earlier this week, the Office of the U.S. Trade Representative (USTR) officially posted a notice of modification in the Federal Register increasing duties on $200 billion worth of goods from China, also referred to as List 3, from 10 percent to 25 percent. But new language [...]
