One hundred and fifty United States trade and consumer groups petitioned U.S. Trade Representative Robert Lighthizer, before the close of public comment on Thursday, September 6th, against the implementation of yet another round of Section 301 duties on $200 billion worth of Chinese imports. “U.S. manufacturers, service [...]
On Monday, August 27th, the United States and Mexico reached a preliminary accord that would modernize the 24-year-old North American Free Trade Agreement (NAFTA). Known as the U.S. - Mexico Trade Deal, the compromise follows hours after the United States and Canada failed to negotiate a full revision of NAFTA. [...]
CLICK HERE FOR YEAR-TO-DATE FREIGHT NEWS THAT MADE HEADLINES International shippers expecting calm, profitable peak season markets, after toiling consolidation of the steamship line industry last year, are finding the path to consumers is political, congested and, once again, expensive. POLITICS OF TRADE While most hesitate in labeling it [...]
Back in October 2016, at the 70th session of the International Maritime Organization’s (IMO) Marine Environmental Protection Committee (MEPC), the IMO announced the enforcement of a new regulation that would place a sulfur cap on fuel oil emissions known to damage wildlife, cause acid rain and respiratory ailments. Under the [...]
Pursuant to the General Notice (83 FRN 37509) published August 1, 2018, various changes to user fees within the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 will take effect on October 1, 2018. The Merchandise Processing Fee (MPF) ad valorem rate of 0.3464% will NOT change. The MPF minimum [...]
On August 10, 2018, the United States issued a proclamation increasing ad valorem duties on steel articles from the Republic of Turkey. Starting at 12:01 AM EST on August 13, 2018, steel articles from Turkey will be subject to an additional duty rate of 50 percent, with respect to goods [...]
Yesterday, the Office of the United States Trade Representative (USTR) released a finalized second list of tariffs, approximately $16 billion worth of imports from China, that will be subject to an additional 25 percent duty starting August 23, 2018. Originally published on June 15th, the tariffs are part of the U.S. [...]
In 2015, Elon Musk’s aerospace company, SpaceX, announced a Hyperloop Pod Competition challenging college university teams to design and build pods for high-speed tunnels. Spanning three years, student team from around the world came together in 2016 to debut their pod designs and compete to set the standard and showcase [...]
In lieu of returning to the negotiating table, on Tuesday, July 9 2018, the Office of the United States Trade Representative (USTR) released a proposed list of $200 billionin Chinese imports that could receive an additional 10 percent in an escalating tit-for-tat exchange over unfair trade practices and intellectual property [...]
