White House Approves Modifications to 2022 US Harmonized Tariff Schedule
* IMPORTANT: This alert was updated on 12/27/21 to include the effective date. * On December 23, 2021, the White House released a proclamation to modify the Harmonized Tariff Schedule of the US (HTS) in order to implement the 5-year update to the World Custom Organization’s (WCO) global Harmonized System (HS). The recommended modifications are […]
Continue Reading »Customer Advisory: LA/LB “Container Dwell Fee” Again Delayed – Now Until January 17
The ports of Los Angeles (LA) and Long Beach (LB) announced that the “Container Dwell Fee” would once again be postponed until January 17, 2022. The fee was originally announced in late October and set to take effect earlier in November, but has been repeatedly delayed after the ports observed a noticeable clearing of backlogged […]
Continue Reading »USTR Extends Certain Exclusions from Section 301 Tariffs for COVID Treatment Products until May 2022
The Office of the U.S. Trade Representative (USTR) announced that it will extend 81 of 99 Section 301 tariff exclusions on products used to treat COVID-19 for an additional 6 months; these exclusions were originally set to expire on November 14, 2021. The extended exclusions will apply to products meeting the specified criteria until May […]
Continue Reading »USTR Requests Public Comments Related to Reinstatement of Certain Section 301 Exclusions
As you may already be aware, the Office of the U.S. Trade Representative (USTR) revealed that it is considering the possible reinstatement of previously extended Section 301 product exclusions. Now, the USTR has announced that it is seeking comments from the trade community to help determine which of the 549 exclusions—which previously expired in late […]
Continue Reading »USTR Extends Exclusions from Section 301 Tariffs for COVID Treatment Products for 45-Days
The Office of the U.S. Trade Representative (USTR) announced that it will extend for an additional 45 days certain Section 301 tariff exclusions on products used to treat COVID-19. This will give the USTR additional time to review previously submitted comments; these exclusions were originally set to expire on September 30, 2021. The extended exclusions […]
Continue Reading »A Salute to Workers in the Physical Supply Chain
Issue Date: September 7, 2021 Quote of the Issue: “Pleasure in the job puts perfection in the work.” – Aristotle Ocean Supply Chain’s so Darn Freaky, It’s Hurting our GDP ShapLight Focus: The US economy grew 6.5% in Q2 2021, but that figure fell well short of economists’ predictions of 8% growth due to supply chain […]
Continue Reading »CIT Extends Section 301 Liquidation and Repository Deadlines for a Third Time
On Monday, August 16, 2021, the Court of International Trade (CIT) announced plans to extend the preliminary injunction preventing the liquidation of unliquidated entries subject to Section 301 List 3 or 4A tariffs from September 2nd until October 4th. In the same announcement, CIT judges also extended the August 20th deadline for US Customs and […]
Continue Reading »Meidong Container Terminal in Ningbo Suspends Services After Employee Tests Positive for COVID
The Ningbo Meidong Container Terminal, also called Meishan Terminal, has suspended all inbound and outbound services after an employee received a positive COVID-19 test on Tuesday, August 10th. The terminal is one of five in the port of Ningbo. The closure restricts shippers from picking up empty equipment or gating-in containers. While some industry leaders […]
Continue Reading »UPDATE: Some Carriers Alter August Surcharges
Per our earlier Shap Flash, carriers announced additional surcharges for August to help offset rising costs from operational delays, vessel backlogs and other kinks in supply chains worldwide. As we expected, some carriers have announced alterations to the original list of surcharges; please click here for a detailed snapshot of the updated surcharges and the […]
Continue Reading »CIT Announces Two-Week Postponement of Section 301 Repository
Some of you may recall that the U.S. Court of International Trade (CIT) announced on July 6, 2021 that it will halt the liquidation of unliquidated entries subject to Section 301 tariffs in wake of the thousands of plaintiffs who filed lawsuits targeting the legality of List 3 and List 4 tariffs on Chinese goods. […]
Continue Reading »US and Vietnamese Officials Reach Agreement Regarding Vietnam’s Currency Practices
Today, U.S. Department of Treasury and State Bank of Vietnam (SBV) officials announced that they have “reached agreement to address Treasury’s concerns about Vietnam’s currency practices as described in Treasury’s Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States.” Although the announcement falls short of explicitly […]
Continue Reading »Emergency COVID-19 Restriction Updates: Indonesia, Malaysia, and Vietnam
Indonesia Indonesia has imposed an emergency public activity restriction (PPKM) through July 20, 2021. The restriction was passed due to ongoing spikes of COVID-19 cases. There have been 56,757 confirmed cases as of July 15. The PPKM restrictions are focused on Java, Bali, and Jakarta. There are “rumors” that this PPKM will be extended for […]
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