The United States and Japan announced a trade agreement between the countries covering specific agricultural and industrial products. The new agreement will eliminate or reduce tariffs (duties) and is expected to be effective January 1, 2020. Japan has agreed to allow 90 percent of U.S. food and agricultural products duty free or preferential tariff access…
Tag: Trade
Update: List 4 (A + B) Section 301 Tariffs on Chinese Products
The U.S. Trade Representative (USTR) has published an advance Federal Register notice regarding upcoming Section 301 tariffs on List 4 products. The notice can be found here and confirms products on List A and List B. The notice also confirms that the effective dates for the application of List 4 tariffs (duties) on September 1,…
U.S. Announces Extension of China Section 301 List 3 Entry Deadline
The Office of the U.S. Trade Representative (USTR) announced it will extend the entry deadline for Chinese Section 301 List 3 imports. They were previously required to enter the U.S. prior to June 1, 2019. To maintain the existing 10% Section 301 tariff rate, the new entry deadline announced by the USTR is June 15,…
CBSA Trade Compliance Verification Priorities List for 2019
As in past years, the CBSA (Canada Border Services Agency) have released a list of their Trade Compliance Verification Priorities. These are the commodities that the CBSA will be focusing on for audit purposes in 2019. Although the CBSA audit a wide variety of products above and beyond this listing, importers of these specific commodities…
Are You Ready For The New CPTPP Trade Agreement ?
Canada’s newest Free Trade Agreement with Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam is scheduled to be implemented Jan 1 2019. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will eliminate duty on most products immediately, with the remainder being staged to duty free over a number of years….
Transpacific Eastbound Update
Source: JoC “China trade tariffs drove an early start to the ocean trans-Pacific peak season, but with the latest tranche of China trade tariffs increasing to 25 percent on Jan. 1, demand remains high. The pending tariffs generated a front-loading of holiday season merchandise in late summer and early autumn. Now, the specter of 25…
