Supply chains find themselves facing tremendous challenges once again, as the current shipping market remains inflated with carriers looking to implement general rate increases before the Chinese Lunar New Year due to unexpected demands. Also, the delicate political situation in the Middle East where the Houthi terrorist group in Yemen is launching attacks on vessels… Read more »
Antidumping and Countervailing Investigation For Imports of Aluminum Extrusions From 14 Countries
The U.S. International Trade Commission (USITC) began conducting an investigation to determine whether imports of aluminum extrusions from 15 countries are injuring the U.S. industry. A significant number of products would be affected. The USITC announcement was published in a Federal Register that you can access here. On November 17, 2023 the USITC voted to continue… Read more »
Extension of 429 Section 301 China Product Exclusions
The U. S. Trade Representative (USTR) has announced the extension of 429 product specific exclusions from China subject to Section 301 through May 31, 2024. The USTR will accept public comments beginning on January 22, 2024 to evaluate each exclusion on a case-by-case basis and determine which ones should be extended beyond May 31, 2024. … Read more »
A POTENTIAL U.S. GOVERNMENT SHUTDOWN IS APPROACHING
A federal government shutdown due to the U.S. Congress inability to provide funding for the fiscal year starting Oct. 1, appears to be increasingly likely. For companies involved in international trade, such as importers, exporters and Customs Brokers, there is significant concern about whether U.S. Customs (CBP) and Partner Government Agencies (PGA) such as the… Read more »
U.S. CUSTOMS COBRA USER FEES (MERCHANDISE PROCESSING FEE) INCREASE
U.S. Customs and Border Protection (CBP) has announced the Consolidated Omnibus Budget Reconciliation Act (COBRA) for Fiscal Year 2024 which includes the increase in fees related to the arrival of vessels, barges, trucks railroad cars, and aircrafts. Another group of fees being increased, such as the Merchandise Processing Fee (MPF) is assessed when entering merchandise. … Read more »
