Only six products from the first exclusion list of Section 301 list 1 will be extended for one year. The Office of the U.S. Trade Representative (USTR) has not announced anything new regarding the remaining 25 exclusions from the same list. Therefore, it is expected that the rest of the exclusions will expire, as scheduled,…
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The Office of the U.S. Trade Representative (USTR) has announced the sixth set of Section 301 tariff exclusions for list 3. The exclusions will apply as of the September 24, 2018, effective date of the $200 billion action, to August 7, 2020. The list includes 35 specially prepared product descriptions, which cover 75 separate exclusion…
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Great news for the holidays. The impending December 15 tariffs—additional 15% on Section 301 list 4B products—have been put aside, indefinitely. This is due to the recent strides made in the first phase of the trade deal between the U.S. and China. Additionally, the 15% tariffs that were implemented on September 1, 2019—Section 301 list…
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January 1, 2020 is almost here, which means the International Maritime Organization’s (IMO) new regulation that will further limit sulfur content in ocean vessel’s fuel oil, is also almost here. Ahead of IMO 2020—as the regulation has been nicknamed—some carriers have started to implement surcharges, as of December 1, 2019. More rate hikes are expected,…
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There is a good chance that the impending December 15 tariffs—additional 15% on Section 301 list 4B products—could be pushed out further. As trade talks with China continue, Secretary Sonny Perdue has reasoned that “the U.S. is unlikely to impose extra tariffs on a new $160 billion swath of Chinese goods including toys and smartphones…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective December 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 December 15 Equip. USD…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective January 2, 2020. 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 January 2 Equip. USD…
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The Office of the U.S. Trade Representative (USTR) has announced the fifth round of Section 301 tariff exclusions for list 3. The exclusions will apply as of the September 24, 2018 to August 7, 2020. The list includes 32 specially prepared product descriptions, which cover 39 separate exclusion requests. If you have any questions, please reach…
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UPDATE: (11/26/19) The strike has ended and normal operations are set to resume November 27, 2019 at 6am. Teamsters Canadian Rail Conference—Conductors, Trainpersons, and Yardpersons (TCRC-CTY) issued a 72-hour strike notice on Saturday, November 16. The strike is set to begin as early as 00:01 ET on Tuesday, November 19. If the strike goes through, there will be significant delays…
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The Office of the U.S. Trade Representative (USTR) has announced the fourth round of Section 301 tariff exclusions for list 3. The exclusions will apply as of the September 24, 2018 to August 7, 2020. The list includes 34 specially prepared product descriptions, which cover 42 separate exclusion requests. If you have any questions, please…
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