U.S. Customs will increase its User Fees effective October 1, 2019. This time, the rate increase due to inflation is 7.167 percent. Although the Merchandise Processing Fee (MPF) rate for formal entries will remain at 0.3464%, the minimum MPF will change from $26.22 to $26.79 and the maximum will change from $508.70 to $519.76. The… Read more »
Monthly Archives: September 2019
NEW PRODUCT EXCLUSIONS GRANTED UNDER THREE DIFFERENT CHINA SECTION 301 GROUPS
The United States Trade Representative has granted tariff exclusions to three more groups of products covered by Lists # 1, 2 and 3 of the China Section 301 sanctions as follows: HTS#9903.88.14 – List 1 Product Exclusion Group 7 – Retroactive to July 6, 2018 and in effect for one year from publication in the… Read more »
October 1st Sanction Delay Agreed
President Trump posted in his twitter feed last night that the US will delay an October 1st, 2019 planned increase (25% to 30%) in the Section 301 duty rate until October 15th as a gesture of goodwill towards China.