Canada and USA – Transpacific Eastbound GRI and PSS Oct. 16 Update

Please be advised that the October 15, 2019, General Rate Increase (GRI), applicable on the Asia & Indian Sub-Continent (ISC) to Canada & USA trade lanes, and announced at levels of USD 1000 per 40′ container, will be implemented at mitigated levels. Updated rates taking the above measure into account will be published as soon…

Upcoming IMO 2020 Low Sulfur Regulation

Beginning January 1, 2020, the new International Maritime Organization (IMO) 2020 Low Sulfur Regulation will be in effect – at which time all sea-going vessels worldwide will have to comply and reduce their sulfur emissions by 85%. To comply with the Regulation, sulfur in fuel oil must be reduced from 3.50% to 0.50%, in addition…

Les États-Unis annoncent des droits de douane sur certains produits en provenance de pays de l’UE en vertu de l’article 301

Le Bureau du représentant américain au commerce (USTR) a annoncé l’adoption de nouveaux tarifs ou droits de douane en vertu de l’article 301 sur certains produits de l’Union européenne (UE), en vigueur à compter du 18 octobre 2019. Cette annonce fait suite à la décision de l’Organisation mondiale du commerce (OMC) d’infliger des contre-mesures commerciales…

U.S. Announces Section 301 Tariffs on Certain Products from EU Countries

The U.S. Trade Representative (USTR) announced new Section 301 tariffs, or duties, on specific European Union (EU) products, effective October 18, 2019. This announcement is a result of the World Trade Organization’s (WTO) decision to award the U.S. $7.5 billion in trade countermeasures against the EU for subsidies provided to Airbus. In response, the U.S….