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 […]

Steel and Aluminum Quotas from Argentina, Brazil and South Korea

Derived from U.S. Customs and Border Protection Cargo Systems Messaging Service June 5, 2018  ​Pursuant to the Presidential Proclamation for articles subject to section 232 measures, imports of steel mill products from Argentina, Brazil and South Korea; and imports of aluminum products from Argentina; entered […]

Mexico slaps retaliatory tariffs on U.S. goods

Mexico Tariffs on U.S. Goods Effective immediately starting June 5, 2018, Mexico announced increased duties on a number of U.S. and other foreign-origin products. Mexico’s El Diario, its equivalent to the US Federal Register, has responded to the recent United States’ Section 232 tariffs on […]

China and U.S., Trade War or Not?

Trade War On again, off again. That seems to be the current situation between China and the United States in regards to trade discussions and what some are calling a trade war.  Last year, U.S. Trade Representative, Robert Lighthizer and his team conducted a 7-month […]

U.S. Top Trading Partners • An Interactive Map

Check out this really cool interactive map published on CNNMoney’s Website.  You can choose to see U.S. exports or U.S. imports and the top trading partners with the numbers associated with each. CNNMoney states, “U.S. trade with other nations is worth $4.9 trillion per year. […]

Ad Valorem Tariffs are Now Official

It’s official Ad valorem tariffs are now mandated on steel and aluminum imports from all countries, now including Canada, Mexico and the European Union.  As of midnight on June 1, 2018, an additional 25% duty will be placed on imported steel and an additional 10% […]

Possible Tariffs to affect Automotive Industry

New Tariffs On Auto Imports Just last week, significant developments made way in the automotive sector in regards to trade policy. However, the deadlines presented in the coming week (May 28-June 2) may lead to even greater disruption in the auto and advanced manufacturing sectors and […]

trade glossary

Taxes on Chinese Imports, China-U.S. Trade War, Made in China 2025

President Trump signed an executive memorandum to issue tariffs on numerous Chinese goods. The White House plans to impose tariffs on about $50 billion of Chinese annual imports into the United States in response to intellectual property violations and will be targeting more than 100 different […]

The Bottom Line: Landed cost in global trade

The Bottom Line: Landed cost in global trade Excerpt from: American Shipper | By: Tom Cook | March 22, 2016 Establishing landed costs for the products that a company handles can be difficult and convoluted. All businesses that import or export need to understand what […]