Good News! CBP Corrects Programming to Address Tariff IncreasesCBP Corrects Programming to Address Tariff Increases
- May 10, 2019
We have just learned that the programming issues that we reported on yesterday have now been corrected. The programming revolved around the implementation of a new Chapter 99 Harmonized Tariff Schedule (HTS) number to capture a 10% duty rate for shipments entered for consumption after 5/10, but exported before 5/10. The CSMS notice also indicated […]
Continue Reading »Date of Export, NOT Import, Governs Increase in Section 301 List 3 TariffsIncrease in Section 301 List 3 Tariffs
- May 9, 2019
The Federal Notice has officially been posted. Click here to view the full version. Section 301 List 3 tariffs on Chinese goods are still expected to increase from 10% to 25% effective 12:01 AM on Friday, May 10th. We say this with awareness (but not a great deal of hope) that these tariffs could possibly […]
Continue Reading »Further Vessel Restrictions and Potential Delays at the Panama CanalFurther Vessel Restrictions and Potential Delays at the Panama Canal
- May 8, 2019
On May 3rd, the Panama Canal Authority released its 6th draft restriction of 2019, a result of the country’s ongoing and severe drought conditions. Effective May 28th, vessels traveling through the famous canal will be restricted to a maximum draft of 13.1 meters (43 feet). Authorities lowered the current restrictions on the waterway by an […]
Continue Reading »USTR Releases Section 301 List 3 Notice and Plans for ExclusionsUSTR Releases Section 301 List 3 Notice and Plans for Exclusions
- May 8, 2019
Per our Shap Flash on May 6, President Trump announced an increase in Section 301 List 3 tariffs from 10% to 25% that would commence this week. According to a new bulletin posted by the office of the U.S. Trade Representative (USTR), the additional 15% increase on products falling under List 3 will go into effect at […]
Continue Reading »Section 301 List 3 Tariffs Set to Increase from 10% to 25%Section 301 List 3 Tariffs Set to Increase from 10% to 25%
- May 6, 2019
On Sunday, May 5th, just days before Chinese officials are set to arrive in the US to continue trade negotiations, President Trump elicited a tweet proclaiming a planned increase in Section 301 List 3 tariffs from 10% to 25%. The additional 15% increase on products falling under List 3 could occur as early as the end of […]
Continue Reading »Update on Future of GSP for India, TurkeyUpdate on Future of GSP for India, Turkey
- May 2, 2019
Per our Shap Flash on March 5th, President Trump announced that India and Turkey’s Generalized System of Preferences (GSP) status would be revoked. Trump’s announcement followed a 2018 USTR investigation into the trade and fairness practices of several GSP eligible governments, after various complaints from the U.S. dairy and medical sectors claimed that the program […]
Continue Reading »Uptick in CBP Penalties for “Late” ISF FilingsUptick in CBP Penalties for “Late” ISF Filings
- April 30, 2019
Importers are reporting an uptick in penalties from U.S. Customs and Border Protection (CBP) as a result of late ISF filings. Though CBP penalties for late ISFs filings are not new, the measure for lateness used to encompass several weeks or more. It is now our understanding that CBP is tightening their requirements; we are […]
Continue Reading »Third Round of Section 301 List 1 Product Exclusions Released by USTR
- April 17, 2019
A third round of product exclusions on Section 301 List 1 Chinese goods was released by the Office of the U.S. Trade Representative (USTR) on April 15, 2019. The announcement highlights an additional 21 specially prepared product descriptions, covering 348 separate exclusion requests, subject to partial exclusion from Section 301 tariffs. The newest batch of […]
Continue Reading »USTR Announces Section 301 Tariffs on EU GoodsUSTR Announces Section 301 Tariffs on EU Goods
- April 9, 2019
On April 8, 2019, the Office of the United States Trade Representative (USTR) published a preliminary list of products from the European Union (EU) that may be subject to additional Section 301 tariffs. This measure has been proposed in retaliation for the harm imposed on the US economy by EU aircraft subsidies. A number of […]
Continue Reading »Trump Threatens US-Mexico Border ClosureTrump Threatens US-Mexico Border Closure
- April 1, 2019
President Trump threatened to close the U.S. border with Mexico as early as this week in light of the issues stemming from the continued immigration crisis. Trump’s announcement is the latest in a series of escalated threats against Mexico in his pursuit of border security. It’s unclear whether the closure would apply to all traffic […]
Continue Reading »Shippers Should Expect Delays Due to Panama Canal Water LevelsShippers Should Expect Delays Due to Panama Canal Water Levels
- April 1, 2019
Extremely low water levels in the Panama Canal have led to the imposition of a draft restriction on the waterway due to safety considerations. Presently, there is no expiration date for the restriction, but it will be eliminated once water levels stabilize. As of now, Maersk will roll almost all containers on GUNHILDE MAERSK/913E, which […]
Continue Reading »Extended May Day Likely to Disrupt Supply ChainsExtended May Day Likely to Disrupt Supply Chains
- March 27, 2019
Chinese officials announced changes to the May Day Holiday weekend in an act to stimulate China’s economy amidst disappointing first quarter data. Observance of the holiday will now take place between May 1-4, 2019. Despite the shift from one to four days, it will not create any additional days off for workers. Instead, workers are […]
Continue Reading »USTR Releases Additional Section 301 List 1 Product ExclusionsUSTR Releases Additional Section 301 List 1 Product Exclusions
- March 21, 2019
On March 20, the Office of the U.S. Trade Representative (USTR) released an additional list of partially or fully excluded Harmonized Tariff Schedule (HTS) subheadings in regard to Section 301 List 1 tariffs. The 33 newly excluded HTS subheadings supplement the original list of 22 HTS subheadings previously excluded by the USTR on December 21, […]
Continue Reading »Take Note! Seafood Import Monitoring Program (SIMP) Compliance Period to Terminate on April 1, 2019Seafood Import Monitoring Program (SIMP) Compliance Period to Terminate on April 1, 2019
- March 8, 2019
On December 31, 2018, the National Marine Fisheries Services (NMFS) added Abalone and Shrimp to the list of SIMP commodities that require additional information when importing. To assist importers with the transition, they permitted a compliance period that would allow Customs entries to be processed without the required elements. That compliance period ends April 1, […]
Continue Reading »President Trump Announces End of GSP for India, TurkeyPresident Trump Announces End of GSP for India, Turkey
- March 5, 2019
On Monday, March 4th, 2019, President Trump announced that India and Turkey’s Generalized System of Preferences (GSP) status would be revoked. The decision threatens the GSP duty-free entry status of nearly $5.6 billion Indian goods. In a letter addressed to Congress, Trump explained that he is “taking this step because, after intensive engagement between the […]
Continue Reading »Importers of Composite Wood Products: Here Are Some Answers to Your Frequently Asked Questions!Importers of Composite Wood Products: Here Are Some Answers to Your Frequently Asked Questions
- March 1, 2019
As previously reported in January’s Shap Talk, the EPA published the Formaldehyde Emission Standards for Composite Wood Products final rule on December 12, 2016. Below are some FAQs to ensure you are fully aware of these new requirements: What does this final rule say? Beginning on March 22, 2019, importers, manufacturers, fabricators distributors and retailers […]
Continue Reading »Additional Section 301 List 3 Tariffs Postponed Amidst ‘Strengthening’ U.S. – China Relations
- February 25, 2019
On Sunday, February 24th, President Trump announced the postponement of increased duties on Section 301 List 3 tariffs as a result of positive and successful talks between China and the U.S. in regard to trade relations. Tariffs on Section 301 List 3 items worth over $200 billion were set to escalate from 10% to 25% […]
Continue Reading »Changes to Amazon Costs in 2019Changes to Amazon Costs in 2019
- January 28, 2019
Calling all FBA Sellers! We know you are busy and sometimes important news from Amazon gets lost in the mail…or your dashboard…or on the forums (sometimes carrier pigeons get lost!). In case you missed the news, Shapiro wanted to make sure that our U.S. FBA clients received the latest update from Amazon regarding changes to […]
Continue Reading »Seagirt Re-opens Following Brief Labor DisputeSeagirt Re-opens Following Brief Labor Dispute
- January 24, 2019
We have been informed that the Seagirt gate at the Port of Baltimore re-opened at 2:15 PM today, January 24th, after a brief closure earlier as a result of an ongoing labor dispute. Seagirt has advised that they will be offering today, January 24th, and tomorrow, January 25th, as additional free days. Shapiro will continue […]
Continue Reading »Union Pacific Rail Congestion and Backlogs at Many U.S. PortsUnion Pacific Rail Congestion and Backlogs at Many U.S. Ports
- January 11, 2019
We have been informed that Union Pacific (UP) rail ramps at Chicago (UP – Global 4) and Memphis (UP – Marion) are experiencing severe chassis shortages, leading to massive delays for truckers awaiting loads and unexpected costs for importers. This news is just the latest development in a series of reported backlogs across U.S. ports […]
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