U.S. Customs Adjusting Certain User Fees Effective October 1, 2019

U.S. Customs & Border Protection (U.S. CBP) has announced adjustments to many user fees beginning October 1, 2019, covering its 2020 fiscal year. Such fees are reviewed annually as required by the Consolidated Omnibus Budget Reconciliation Act (COBRA), in accordance with the Fixing America’s Surface Transportation Act (FAST Act). The table below outlines some common…

FIRST SET OF CHINA SECTION 301 TARIFF EXEMPTIONS ANNOUNCED FOR LIST 2 PRODUCTS

The Office of the United States Trade Representative (USTR) recently announced the first (1st) set of product exclusions from List 2 Section 301 25% tariffs or duties on Chinese products. These exclusions relate to items that were included in the first list (‘List 2’) of products enacted on August 23, 2018. Products in List 2 include many technology imports…

Cambodia port update

Uncertainty surrounding on-again, off-again tariffs by the United States on Chinese products has seen a growing shift in North American import volume to Southeast Asia, particularly to Cambodia and Vietnam. In the first quarter of this year, cargo traffic through the Sihanoukville Autonomous Port in Cambodia rose 16 per cent, year-over-year. In recent months, the…

Chittagong Port Update – July 19, 2019

Please be advised that severe weather has affected operations in and around the Port of Chittagong in Bangladesh. Even though weather conditions have improved slightly, lower productivity caused by the heavy rainfall in the past several days has impacted feeder vessel berthing schedules, which in turn is impacting mother vessel connections at major transshipment hubs…