The Indian government has officially announced a prohibition on Pakistani cargo and vessels from accessing Indian ports, a decision grounded in stated concerns for national security and public policy. This comprehensive ban applies to all forms of cargo either passing through Indian ports in transit or destined for final delivery within India. The implementation of… Read more »
Adjustments to Applicability of Some Section 232 and IEEPA Tariffs
New White House Actions on Tuesday made some changes to the Section 232 tariffs, including updates to the 25% tariffs set to be imposed upon many automobile parts on May 3rd. Highlights Please review in detail the full documents to ensure you have a clear understanding of how these adjustments could influence your business. Executive… Read more »
Is Your Customs Bond Enough? What Every Importer Should Know
Frequently, busy importers don’t give their customs bond much thought until they encounter a surety warning or a formal notice of Customs insufficiency. But since adequate bond coverage is crucial for maintaining a seamless supply chain, because it can prevent disruptions, unexpected expenses and excessive paperwork, grasping the concepts of bond limits and saturation is… Read more »
Increase in Rate for China and Reversion of Other Country-Specific Rates, Effective April 10, 2025
The official guidance on reciprocal tariff updates is below. In summary, China’s reciprocal tariff rate is increased to 125% beginning today, April 10th, for any cargo that departed on the US-bound vessel April 9th and after. ALL other countries with country-specific reciprocal tariffs will be temporarily paused, which means ALL countries, besides, China, will have their… Read more »
Reciprocal Tariffs on Goods of China Increased To 84%, April 9, 2025, Effective Date
Please be advised of official new guidance issued by CBP moments ago via CSMS Message # 64687696: CSMS # 64687696 – UPDATED GUIDANCE – Reciprocal Tariffs on Goods of China, April 9, 2025, Effective Date The purpose of this message is to provide updated guidance on the additional duties due on imported merchandise which were imposed… Read more »
