U.S. to Terminate GSP Designation for India and Turkey

U.S. importers utilizing the Generalized System of Preferences (GSP) program should note the U.S. Trade Representative office (USTR) announced that the U.S. will terminate GSP Designation of India and Turkey. The action was taken as a result of the U.S. determining that Turkey’s economy has developed to an extent that it should no longer benefit…

Composite Woods Product Imports Face Deadline for U.S. TSCA Certification

Further to previous communication, effective March 22, 2019, U.S. importers of certain types of composite wood products will need to certify that their imported products comply with the formaldehyde emissions standards under the United States Environmental Protection Agency’s (EPA) Toxic Substances Control Act (TSCA), Title VI. The TSCA Title VI. Certification requirements will affect three…

Canada & USA – Transpacific Eastbound GRI & PSS Update

Please be advised that the January 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…

Canada-United States-Mexico Agreement (CUSMA)

The text of the long-awaited Canada-United States-Mexico Free trade Agreement is now available on the Government of Canada Website. Although no implementation date has been set, the agreement is expected to take effect sometime in 2019. Rules of origins remain largely unchanged, however the certification process is significantly different from the current NAFTA process, with…

United States and China Agree to 90 Day Moratorium on New Trade Tariffs

The U.S. and China have agreed to a 90-day suspension regarding the implementation of new import tariffs while they work on a negotiated settlement. Existing tariffs already enacted by either country will remain in effect, but new tariffs will be delayed subject to ongoing negotiations between the two countries aimed at resolving their trade disputes….