U.S. Announces 5% Increase to Chinese Section 301 Tariffs

On August 23rd, 2019, the U.S. Trade Representative (USTR) confirmed the U.S. Administration’s intent to increase Section 301 tariffs (duties) on Chinese origin products by 5%. Administration statements indicated the increase would apply to both Chinese products presently under existing Section 301 tariffs and those announced for future implementation. Such an action would increase existing…

U.S. Moves Forward on Assessing Section 301 Duties Against Certain EU Products

The Office of the United States Trade Representative (USTR) recently announced it has started the process to assess certain European Union (EU) products with additional Section 301 import duties. This is a result of an ongoing World Trade Organization (WTO) dispute between the U.S. and EU over aircraft subsidies. The WTO recently determined Airbus Industries…

U.S. Drawback Changes Coming into Effect February 2019

2015’s Trade Facilitation and Trade Enforcement Act (TFTEA) included many changes for U.S. importers; among them were significant changes to U.S. duty drawback regulations and timeframes. Signed into law in 2016, many of TFTEA’s drawback changes are scheduled to come into sole effect as of February 24, 2019, on the three-year anniversary of the Act…

U.S. Announces Initial Section 301 Duty Exclusions for Chinese Products

The Office of the United States Trade Representative (USTR) recently announced the first set of product exclusions from Section 301 duties. These exclusions relate to items that were included in the first list (‘List 1’) of products enacted on July 6, 2018. Products in List 1 include many technology imports with a combined value of…

Reminder: U.S. Seafood Imports Require Additional Information in 2019

U.S. seafood importers are reminded that effective December 31st, 2018, shipments of shrimp and abalone must include specific harvest and landing data for customs entry purposes. Importers must also maintain ‘chain of custody’ records for these imports. From December 31, 2018 to March 1, 2019, National Oceanic and Atmospheric Administration (NOAA) Fisheries and Customs &…

Reminder: List 3 U.S. Section 301 Tariffs to Increase to 25% January 1st, 2019

U.S. importers should note Section 301 tariffs (duties) for List 3 products from China are scheduled to increase to 25%, from the current 10% rate, beginning January 1st, 2019. These duties are assessed in addition to any other applicable duties or taxes. To minimize the impact of these duties, importers should proactively assess the upcoming…