The European Union (EU) has announced a list of tariffs—impacting $3.2 billion worth of U.S. goods—that will go into effect on June 22, 2018. These tariffs are in response to the U.S. ending exemptions on Section 232—steel and aluminum—tariffs and are seen as “rebalancing measures,” according to the EU. Here is the full list of…
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Trans-Pacific carriers have announced the third quarter Bunker Adjustment Factor (BAF) and Low Sulphur Surcharge (LSS) for 2018, effective July 1, 2018. The BAF and LSS will affect all Canadian and U.S. destinations. The following amounts are in USD and apply to all freight moving on Trans-Pacific lanes. Bunker Adjustment Factor (BAF) Applies to all…
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In April, the Trump Administration proposed tariffs on 1,333 items under Section 301 and stated that the official list would be announced June 15, 2018. That official list of products has been announced and separated into two sets. The first set contains 818 items of the originally proposed 1,333 items. These products will be subject…
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Mexico, in retaliation to U.S. Section 232 tariffs, has placed additional tariffs on U.S. origin items of 25 percent on steel and 10 percent on aluminum imports, which went into effect June 5. Some tariffs are for items such as pork, cheese, apples, and bourbon will be phased in by July 5, 2018. Here is…
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