The Office of the United States Trade Representative (USTR) has announced that U.S. and China have reached an initial or ‘Phase One’ agreement on trade. Many agreement details, including an implementation timeline, are yet to be confirmed. The Phase One agreement will also require formal signing by both parties. Subject to confirmation, U.S. government and…
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Canada & USA – Transpacific Eastbound GRI Update
Please be advised that the previously announced December 15, 2019 General Rate Increase (GRI) applicable on the Asia & Indian Sub-Continent to Canada & USA trade lanes, has been postponed to January 1, 2020. GRI effective January 1, 2020: USD 20.00 per cbm or 500 kg USD 900 per 20′ container USD 1000 per 40′…
Reminder: U.S. Section 301 Tariffs Effective December 15, 2019 for Chinese Products on List 4B
U.S. importers are reminded that Section 301 tariffs for Chinese products on List 4B are scheduled to go into effect Sunday December 15, 2019. List 4B contains many consumer electronic products and represents the bulk of the remaining U.S. imports from China not already subject to a Section 301 tariff. A 15% Section 301 tariff…
U.S. Customs Provides Update Concerning GSP and Other Changes from Presidential Proclamation 9955
On October 25th, 2019, Presidential Proclamation (PP) 9955 was issued modifying trade benefits under the General System of Preferences (GSP) for Ukraine and Thailand. These changes include the following: As of 12:01 a.m. EDT on October 30, 2019, certain goods from Ukraine entered for consumption, or withdrawn from warehouse for consumption, will be eligible for…
USDA to Introduce Electronic Import Requirements Under APHIS Core Program
In late 2019 or early 2020, the U.S. Department of Agriculture (USDA) is expected to introduce new import procedures which will require the filing of additional data elements or documents electronically through Customs & Border Protection’s (CBP) Automated Commercial Environment (ACE). Once formally introduced, USDA and CBP are expected to provide a minimum six-month Informed…
Canada & USA – Transpacific Eastbound GRI Update
Please be advised that the December 1, 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…
