Chinese New Year Extended due to Coronavirus Chinese Companies Shut Down On January 27, 2020, the Chinese Government announced it would extend Chinese Lunar New Year until February 2, 2020 for China (Nation) in order to prevent the coronavirus from spreading. Moreover, Shanghai and Guangdong […]
Section 232 Tariffs imposed on Aluminum and Steel Derivatives President Trump issued a proclamation on Friday, January 24, 2020 in regards to steel and aluminum imports pursuant to section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). After further investigation, […]
Section 301 Imports from France Postponed Trade Truce between France and U.S. The United States and France have been in minor trade talks in Switzerland this week and agreed to a “trade truce” for the moment. Although, it has not been announced officially by the […]
USMCA passes U.S. Senate On January 16, 2020, the U.S. Senate officially approved the U.S.-Mexico-Canada Agreement (USMCA) following its approval from United States House of Representatives in December 2019. The new USMCA was voted by the House of Representatives 385-41 and by the U.S. Senate […]
Section 301 List 4a Additional Tariffs decrease to 7.5% List 4a Decreases to 7.5% on February 14, 2020 On January 16, 2020, The United States and China signed a “phase one” agreement, which was originally agreed upon on December 13, 2019. The USTR announcement states, […]
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 February 15, 2020. Based on this information, please be aware that forwarders are required by the FMC […]
New Import Manifest Confidentiality Process Electronic Vessel Manifest Confidentiality As mentioned in August 2019, U.S. Customs and Border Protection (CBP) will release a new process for import data confidentiality. Currently, CBP replies with a confirmation for data protection in 60 to 90 days. The new […]
U.S. and Japan Enter Free Trade Agreement Free Trade Deal to Commence on January 1, 2020 After working on a trade deal for over a year, USTR’s Robert Lighthizer and Ambassador of Japan to the United States Shinsuke J. Sugiyama signed the U.S.-Japan Trade Agreement […]
Section 301 List 3 Batch 7 Product Exclusions On December 31, 2019, The United States Trade Representative published another set of exclusions for Section 301 List 3 imports from China. This is the seventh batch of exclusions for Section 301 List 3. The product exclusions will apply retroactively […]
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