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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We're proud of our people's achievements; congratulations Abby Frank and Caroline Reynolds on your recent promotions! Abby Frank has been promoted to Advisor. Abby is a Certified Customs Specialist (CCS), as well as a Certified Export Specialist (CES). She has been with us for over five years and is located in our Syracuse, NY office. Caroline…
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As of May 17, 2019, Turkey is no longer eligible for Generalized System of Preferences (GSP), according to a Presidential Proclamation. In a separate proclamation, tariffs on Turkish steel have been reduced from 50 percent to 25 percent, effective 12:01 am EDT May 21, 2019.
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Section 232 tariffs on Canadian and Mexican steel and aluminum—25 percent on steel and 10 percent on aluminum—have been lifted according to a joint statement made by Canada and the U.S., and a CSMS message from Customs. This is effective for goods entered for consumption, or withdrawn from a warehouse for consumption, on or after…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective June 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 June 15 Equip. USD…
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The Office of the U.S. Trade Representative is requesting comments concerning the proposed action to impose 25 percent duties on virtually all the products from China that are not currently under Section 301. Importers have until June 17 to submit comments and express their opinions on this action. Proposed list 4
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As of May 3, 2019, U.S. Customs and Border Protection (CBP) has released the CTPAT program’s new minimum security criteria (MSC) in the CTPAT portal. Companies are expected to implement the new criteria by their annual review date in 2020. CBP has mentioned that there will be a phased roll out, although the details are…
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How do you ensure your company is compliant when dealing with sanctions? Need guidelines on how to put a sanction compliance program together? You’re in luck. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has published framework for developing an effective sanctions compliance program (SCP). This framework outlines five essential components.…
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