Goods from China worth approximately $250 billion and subject to Section 301 Lists # 1, 2 and 3 had been scheduled for a duty increase from 25% to 30% effective October 1, 2019, however, that increase was never finalized, nor put into effect by the U.S. Trade Representative. Last week, the duty increase for this… Read more »
ADDITIONAL DUTIES IMPOSED TO THE EUROPEAN UNION FOR CIVIL AIRCRAFT INDUSTRY WTO CASE
After a lengthy litigation, a World Trade Organization (WTO) arbitrator determined on October 2, 2019 that the European Union (EU) has illegally subsidized its civil aircraft industry and Airbus in particular. Therefore, the United States may levy up to $7.5 billion in countermeasures to the EU annually. The U.S. Trade Representative (USTR) announced in… Read more »
TWO MORE PRODUCT EXCLUSIONS GRANTED UNDER CHINA SECTION 301
The United States Trade Representative has granted tariff exclusions to two more groups of products covered by Lists # 1 and 2 of the China Section 301 sanctions as follows: HTS#9903.88.19 – List 1 Product Exclusion Group 8 – Retroactive to July 6, 2018 and in effect for one year from publication in the Federal… Read more »
U.S. CUSTOMS USER FEES INCREASE
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 »
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 »
