UK and USA Negotiations

Future Free Trade Agreement According to The Hill, “U.K. is on track to officially exit the EU in March 2019.”  In fact, President Trump believes that a deal between the U.S. and U.K. can be struck within three to nine months.  “While EU law prevents the UK from concluding a deal with the US before […]

Will China and U.S. Resolve the Trade War?

China sends Response to U.S. China and the U.S. may end up with some formal negotiations to resolve the current China-U.S. Trade War that is going on now.  According to Reuters, “Trump is expected to meet Chinese President Xi Jinping on the sidelines of a G20 summit in Argentina at the end of November and […]

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 […]

Commerce sets Final Duty Rates in Aluminum Case from China

Final Duty Rates Announced On November 7, 2018, U.S. Secretary of Commerce Wilbur Ross announced the affirmative final determinations in the first antidumping duty (AD) and countervailing duty (CVD) trade cases the Federal government has initiated since 1985. These investigations, concerning Chinese imports of common alloy aluminum sheet, were initiated by the Enforcement and Compliance division […]

Will there be a USMCA Signing Party?

Canada says No. Not with Trudeau present anyway. Canada’s ambassador in Washington says Prime Minster Justin Trudeau will not be taking part in any sort of signing ceremony alongside President Trump if steel and aluminum tariffs aren’t lifted first.   According to CBC Canada, “Trudeau told CNN on Tuesday that Canada is not considering backing out […]

Trump signs Proclamation 9813 with GSP Modifications

GSP Duty Free Treatment Modified on Certain Items On October 30, 2018, President Trump issued Presidential Proclamation 9813.  The proclamation will implement changes to the Generalized System of Preferences (GSP).  The modifications will go into effect with respect to articles entered for consumption, or withdrawn from warehouse for consumption on or after 12:01 am eastern […]

GRI Announcement December 15, 2018

U.S. Import General Rate Increase for Full Container and Less than Container Freight Carriers have announced a General Rate Increase (GRI) for cargo from Asia to The United States effective December 15, 2018.  Based on this information, please be aware that forwarders are required by the FMC to announce possible rate increases 30 days in advance.  Please […]

GRI Announcement December 1, 2018

U.S. Import General Rate Increase for Full Container and Less than Container Freight Carriers have announced a General Rate Increase (GRI) for cargo from Asia to The United States effective December 1, 2018.  Based on this information, please be aware that forwarders are required by the FMC to announce possible rate increases 30 days in advance.  Please […]

Section 301 China Imports

Let’s debrief the Section 301 situation.  List 1, effective July 6, 2018 places an additional duty rate of 25% on $34 billion worth of goods from China.  List 2, effective August 23, 2018 places an additional duty rate of 25% on $16 billion worth of goods from China.  List 3, effective September 24, 2018 places an additional 10% […]

Trump signs MTB Act to decrease tariffs, China Imports still benefit

MTB Act Creates Decreased Tariffs!    On September 13, 2018, President Trump signed into law: H.R. 4318, the “Miscellaneous Tariff Bill Act of 2018,” which provides for duty suspensions and reductions for certain products entered into consumption on October 13, 2018 through December 31, 2020. The Miscellaneous Tariff Bill (MTB) reduces or completely eliminates duty […]