U.S. – China Talks End after Three Days

Two Days Turned into Three Days Keith Bradsher of The New York Times states, “Three days of trade negotiations between midlevel American and Chinese officials ended in Beijing on Wednesday afternoon with progress in identifying and narrowing the two sides’ differences but little sense of when they might reach a deal.”  The original mid-level talks […]

KORUS Free Trade Agreement Update

A revised KORUS Free Trade Agreement Goes into Force on January 1, 2019 KORUS, the free trade agreement between South Korea and United States of America, has been revised and in full effect on January 1, 2019 after the two countries began talks on amendments a year ago. According to The Pulse News, “The official […]

Mexico Tax Breaks • Value Added Taxes IVA are Cut in Half for North Region of Mexico

Mexico’s Tax Breaks Begin Now This is big news for Mexican importers, and U.S. shippers that have clients in Mexico. On December 29, 2018 Mexico’s President Andres Manuel Lopez Obrador (AMLO) ordered by decree to cut taxes for the Northern Region of Mexico.  This decree lowers tax rates for both value-added taxes (IVA 16%) and income […]

USMCA will be Signed in Buenos Aires

G-20 Summit on November 30 According to Politico.com, Mexico’s Secretary of Economy, Ildefonso Guajardo, said, “The U.S., Mexico and Canada will sign the revamped NAFTA deal on Nov. 30 on the sidelines of the G-20 leaders summit in Buenos Aires, even if U.S. tariffs on steel and aluminum remain in place — but he expressed […]

Teamsters and Warehouse Worker Strike

Port of LA-Long Beach Truck drivers and warehouse workers at the Port of Los Angeles-Long Beach are gearing up to launch their 16th strike in 5 years, starting on Monday, October 1, 2018.  The employees will be picketing at company facilities, marine terminals, rail yards, warehouses and distribution centers and even customers’ retail outlets throughout […]

2M Alliance and ZIM Partnership

ZIM, Maersk Line and MSC enter a strategic operational cooperation on the Asia-US East Coast trade 2M Alliance partners, Maersk and MSC have teamed up with carrier ZIM Lines on voyages from Asia to the U.S. East Coast.     The deal will become effective in September of 2018.  2M plans to contribute four of […]

Trump Tariff Timeline

Tariff Timeline for U.S. Imports and Exports The year 2018 has affected the global trade industry in many ways.  The following timeline shows the announcement dates and effective dates for new tariffs on a variety of products affecting a variety of countries including China, Mexico, Canada, South Korea, India, Australia, Brazil and the European Union.  […]

EU Retaliatory Tariffs Go into Effect on June 22, 2018

U.S. Exports Targeted for Additional Duty in EU Countries. The European Commission adopted a new regulation on June 20, 2018 putting in place the “EU’s rebalancing measures in response to U.S. tariffs on steel and aluminum.  The measures will immediately target a list of products worth €2.8 billion and will come into effect on Friday […]

Scarbrough Celebrates 25 years with German Partner

Scarbrough and Alfons Celebrate. Scarbrough International, Ltd. and Alfons Köster & Co. GmbH celebrate working together for 25 years next week at the annual Worldwide United Shipping Conference.  Both companies have been part of United Shipping, which is a worldwide network of independently owned and locally operated freight forwarders and customs brokers for nearly three […]

Japan-EU Trade Agreement Threatens U.S. Pork Exports to Japan

Information derived from USDA newsletter   On December 8, 2017, Japan and the European Union (EU) announced the finalization of negotiations on the Japan-EU Economic Partnership Agreement (EPA). One major outcome is that the agreement will eliminate, or sharply reduce, duties on agricultural products in which the EU has a major export interest, such as […]