Surge in Imports Causing Equipment to be in Short SupplySurge in Imports Causing Equipment to be in Short Supply
- September 4, 2020
With a 19% surge in imports from China to US and a 19% fall in exports to China in June-July, we are experiencing a situation that is growing with no sign of immediate relief. As a result of the early summer surges, an alarming trend in equipment shortages that started in August is expected to […]
Continue Reading »USTR Seeks Comments on Proposed October 1st Increase in Section 301 TariffsUSTR Seeks Comments on Proposed October 1st Increase in Section 301 Tariffs
- September 3, 2020
On September 3rd, the office of the U.S. Trade Representative (USTR) released an official notice seeking public comments on Section 301 List 1, 2 and 3 tariff rate increases (from 25% to 30%) scheduled to take effect October 1st. The USTR has asked for public comments to include: Details as to whether the tariff increases […]
Continue Reading »Most Product Exclusions from Section 301 List 4A Tariffs Set to Expire on September 1Most Product Exclusions from Section 301 List 4A Tariffs Set to Expire on September 1
- August 31, 2020
As a reminder, most of the exclusions for List 4A goods are set to expire on September 1, 2020. On August 28, 2020, the Office of the U.S. Trade Representative (USTR) announced that only eighty-seven (87) products from all eight rounds of List 4A exclusions published thus far will be granted extensions. Click here to […]
Continue Reading »USTR to Publish Official Notice Raising Section 301 List 4A and 4B Tariffs from 10% to 15%USTR to Publish Official Notice Raising Section 301 List 4A and 4B Tariffs from 10% to 15%
- August 28, 2020
Per our Shap Flash on August 24th, President Trump announced via Twitter that List 4A and 4B tariffs will be increased from 10% to 15% in response to the imposition of retaliatory tariffs on $75 billion worth of U.S. products exported to China. On August 30th, the office of the U.S. Trade Representative (USTR) will […]
Continue Reading »Trump Vows to Increase Tariffs on Chinese GoodsTrump Vows to Increase Tariffs on Chinese Goods
- August 24, 2020
In the latest escalation in the China-U.S. trade war, President Trump elicited a series of tweets on Friday, August 23rd stating that Section 301 tariffs imposed on Chinese products would increase across the board.
Continue Reading »CBP Extends Transition Period for Marking Goods Produced in Hong KongCBP Extends Transition Period for Marking Goods Produced in Hong Kong
- August 24, 2020
Earlier this month, U.S. Customs and Border Protection (CBP) released a Federal Register notice advising importers that products made in Hong Kong will need to be marked as made in China beginning September 25, 2020. However, CBP has just released another notice revealing their decision to extend the transition period for compliance through November 9, […]
Continue Reading »Prepare for Increased CBP Fees Effective October 1, 2019Prepare for Increased CBP Fees Effective October 1, 2019
- August 19, 2020
In the Federal Register Notice dated August 2, 2019, U.S. Customs and Border Protection (CBP) has announced fee increases adjusted to reflect inflation effective October 1, 2019. These fees will directly affect your Customs entry. For instance, the Merchandise Processing Fee (MPF) limitation for formal entries (class code 499) will increase from $26.22 to $26.79 […]
Continue Reading »Arrival Date to Govern Section 301 List 4A and 4B TariffsArrival Date to Govern Section 301 List 4A and 4B Tariffs
- August 15, 2020
On August 15th, the U.S. Trade Representative (USTR) announced that additional 10% tariffs (later raised to 15%) on Section 301 List 4A and 4B Chinese goods would be applied based on the entry date—which is the date the cargo arrives in U.S Customs territory or the date the Customs entry is filed, whichever is later. […]
Continue Reading »USTR Issues Revised List of EU Products Subject to Section 301 TariffsUSTR Issues Revised List of EU Products Subject to Section 301 Tariffs
- August 13, 2020
As you are already aware, the Office of the U.S. Trade Representative (USTR) imposed Section 301 tariffs on $7.5 billion worth of European goods in response to the European Union’s (EU) subsidization of Airbus in October 2019. Although the USTR already modified the list of EU products subject to additional tariffs earlier this year, the […]
Continue Reading »Labor Strikes in Hong Kong – Monday, August 5thLabor Strikes in Hong Kong
- August 12, 2020
Recent political turmoil and massive protests in Hong Kong have led to an unofficial labor strike today, Monday August 5, 2019. At this time, over 170 flights to Hong Kong have already been rerouted and/or cancelled, train stations are closed, and other major transportation routes have been blocked by the congestion. Most offices in Hong […]
Continue Reading »Hong Kong Airport Closed as Protests Continue – Monday, August 12thHong Kong Airport Closed as Protests Continue – Monday, August 12th
- August 12, 2020
Effective August 12th, Hong Kong Airport officials have cancelled all flights to and from Hong Kong until further notice, in light of worsening city-wide protests. At this time, it is unknown when authorities plan to resume regular airport operations. Per our Shap Flash on August 5th, most offices and major transportation routes have already been […]
Continue Reading »CBP Releases Guidance for Marking Goods Produced in Hong KongCBP Releases Guidance for Marking Goods Produced in Hong Kong
- August 10, 2020
As you are already aware, President Donald Trump signed an Executive Order officially revoking preferential economic treatment for Hong Kong in response to mainland China’s enforcement of a controversial security law effective July 14. Now, U.S. Customs and Border Protection (CBP) has released an official notice in the Federal Register advising importers that products made […]
Continue Reading »President Trump Reinstates Section 232 Tariffs on Certain Aluminum Imports from CanadaPresident Trump Reinstates Section 232 Tariffs on Certain Aluminum Imports from Canada
- August 7, 2020
On August 6, President Trump announced that, effective August 16, 2020, a 10% tariff will be reinstated on imports of non-alloyed unwrought aluminum products from Canada. According to Trump, the decision to reapply Section 232 duties was made in light of recent data indicating the continued growth in imports of these articles from Canada, thereby […]
Continue Reading »USTR Extends Certain Product Exclusions from Section 301 List 3 Tariffs Set to Expire on August 7USTR Extends Certain Product Exclusions from Section 301 List 3 Tariffs
- August 6, 2020
On August 6, 2020, the Office of the U.S. Trade Representative (USTR) announced that only two hundred and sixty-six (266) products from all 15 rounds of Section 301 tariff exclusions on List 3 goods will be granted extensions. As the exclusions for List 3 goods were set to expire on August 7, 2020, this means that […]
Continue Reading »USTR Announces Eighth Round of Product Exclusions from Section 301 List 4A TariffsUSTR Announces Eighth Round of Product Exclusions from Section 301 List 4A Tariffs
- August 6, 2020
On August 5, 2020, the Office of the U.S. Trade Representative (USTR) issued its eighth set of product exclusions from Section 301 List 4A Chinese tariffs. The List 4A notice contains 1 HTS subheading that is completely excluded and 9 partially excluded subheadings from Section 301 tariffs, covering 25 separate exclusion requests. All cargo that […]
Continue Reading »USTR Releases First Round of List Three Product Exclusions from Section 301 TariffsUSTR Releases First Round of List Three Product Exclusions from Section 301 Tariffs
- August 5, 2020
The Office of the U.S. Trade Representative (USTR) released the first set of HTS subheadings that are partially excluded from Section 301 List 3 tariffs. The notice contains 10 HTS subheadings partially excluded from 25% tariffs, which cover 15 separate requests. The newest round of exclusions will retroactively apply to all List 3 products meeting the […]
Continue Reading »USTR Launches Public Comment Period on List 1 Exclusions Set to Expire on October 2USTR Launches Public Comment Period on List 1 Exclusions Set to Expire on October 2
- August 3, 2020
As you are already aware, the office of the U.S. Trade Representative (USTR) issued 3 rounds of exclusions for Section 301 List 1 products between October 2019 and February 2020. All cargo that has been entered for consumption or withdrawn from a warehouse for consumption, on or after 12:01 AM on July 6, 2018 and […]
Continue Reading »Trump Announces 10% Tariffs on List 4 Chinese Goods Beginning September 1stTrump Announces 10% Tariffs on List 4 Chinese Goods Beginning September 1st
- August 1, 2020
Today, President Trump announced that the U.S. will begin levying 10% duties on approximately 3,805 HTS subheadings covered in Section 301 List 4, totaling $300 billion in Chinese imports, effective September 1st. Trump’s decision to walk-back his initial postponement of additional List 4 tariffs on July 1st is due to President Xi’s failure to uphold […]
Continue Reading »USTR Extends Certain Product Exclusions from Section 301 List 2 TariffsUSTR Extends Certain Product Exclusions from Section 301 List 2 Tariffs
- July 28, 2020
On July 28, 2020, the Office of the U.S. Trade Representative (USTR) announced that just fourteen (14) exclusions from the first round of Section 301 tariff exclusions on List 2 goods will be granted extensions. As the exclusions for this round of goods (covering List 2) were set to expire on July 31, 2020, this means that the […]
Continue Reading »Trump’s Executive Order Will Not Raise Tariffs on Imports from Hong KongTrump’s Executive Order Will Not Raise Tariffs on Imports from Hong Kong
- July 23, 2020
On July 14th, President Donald Trump signed an Executive Order officially revoking preferential economic treatment for Hong Kong in response to mainland China’s enforcement of a controversial security law on July 1. In a White House statement, President Trump stated that Hong Kong will be treated “the same as mainland China, no special privileges, no special […]
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