The implementation of Section 301 list 4 tariffs—additional 25 percent tariffs on about $300 billion worth of Chinese goods—has been suspended following President Trump and Chinese President Xi Jinping’s meeting at the G20 summit in Japan. Companies should be aware that this suspension could end at any time, if ongoing trade talks with China stall.…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 15, 2019. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian ports Effective July 15 Equip. USD…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 1, 2019. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian ports Effective July 1 Equip. USD…
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The Office of the United States Trade Representative (USTR) plans to publish, on June 24, 2019, a process for requesting product exclusions for items subject to Section 301 list 3 tariffs. Requests can be filed between June 30, 2019 and September 30, 2019. Exclusions will be effective for one year upon the publication of the…
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On June 6, a train heading from Bethlehem to Chicago, near Swanton, OH, derailed two engines and several flatcars. This is blocking both main lanes. The site is being cleaned up today but expect delays for the next 48 hours or more in the following lanes. Chicago to/from the Ohio area Chicago to/from the Northeast…
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The Office of the United States Trade Representative (USTR) is requesting to go forward with an exclusion process for Section 301 list 3 products. They are seeking approval from the Office of Management and Budget (OMB) and are asking it to be given by June 20, 2019. Once approved, they plan to roll out the…
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The Office of the U.S. Trade Representative (USTR) has announced an extension of the deadline for the 10 percent tariff to increase to 25 percent, the new deadline is June 15. This means that “products exported from China to the United States prior to May 10, 2019 will remain subject to an additional 10 percent…
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As of June 5, 2019, India will no longer be eligible for Generalized System of Preferences (GSP), according to a Presidential Proclamation. The reason for its termination is that the President has “determined that India has not assured the United States that India will provide equitable and reasonable access to its markets.”
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A five percent tariff will be placed on all goods imported from Mexico—starting June 10—said President Donald Trump. The tariffs will gradually increase, if the immigration situation is not resolved. Starting July 1, the tariffs will go up to 10 percent and then to 15 percent on August 1. If the situation is still not…
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UPDATE: The lock-out ended on Thursday just before 10:45 PT. A tentative agreement has been reached. A formal notice has been sent to the International Longshore and Warehouse Union (ILWU) Canada stating that the British Columbia Maritime Employers Association (BCMEA) plans to lock-out dockworkers at the ports of Vancouver and Prince Rupert, effective at 8 am…
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