The U.S. Trade Representative (USTR) has determined that the rate of duty for goods covered by List #3 of the China Sanctions under Section 301 will increase from 10% to 25% with respect to goods (i) entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May… Read more »
President Trump Threatens To Increase Sanctions on Chinese Products
President Trump issued a couple of Twitter messages over the weekend stating that negotiations with China are moving too slowly and as a result, duties on goods under List #3 will go from the current 10% to 25% this coming Friday, and soon after more goods worth approximately $325 billion will also be subject to… Read more »
USTR APPROVES A SECOND GROUP OF PRODUCT EXCLUSIONS FOR CHINA – LIST 1 OF SECTION 301
As a result of 87 separate exclusion requests filed by the trade, the U.S. Trade Representative has granted a second group of product exclusions for certain goods under List 1 of the China Section 301 sanctions that will be published in the Federal Register on March 25, 2019. The first group of product exclusion was… Read more »
U.S. Plans to Terminate the Generalized System of Preferences (GSP) benefits for India and Turkey
The United States established the Generalized System of Preferences (GSP) on January 1, 1976 to promote economic growth in developing countries. Under this program, duty-free benefits can be obtained for certain products from 129 designated beneficiary countries and territories that meet the Rules of Origin, which include a regional value content and direct importation requirements…. Read more »
Importing FDA Regulated Products Requires An Understanding Of The Regulations
Importing FDA regulated products into the US.? You need to understand the regulations to be successful. Please review the article at this link with advice from Taggart International Ltd Executive Vice-President, Sean Scarbrough and our friends at FDA Compliance Simplified: https://fdasimplified.com/blog/there-is-nothing-simple-about-importing-products-into-the-united-states/