As the status of the Coronavirus situation remains quite fluid, we want to take this opportunity to inform you that we continue monitoring it very closely on a daily basis. The health and safety of our employees is of the utmost importance to us. We are prepared to follow any guidelines issued by health officials… Read more »
Update On Canadian Rail Blockades
Due to blockades on rail lines throughout Canada, any freight moving to, from, or transiting through Canada will very likely see significant delays. The delays are causing a rippling disturbance in the supply chain. In short, there is no freight moving on the rails in Canada, which means a shortage in rail equipment. No rail equipment… Read more »
CHINA SECTION 301 LIST # 4A OFFICIALLY REDUCED TO 7.5%
The United States Representative has officially announced in the Federal Register (see here) that goods from China covered by List # 4A will be subject to 7.5% instead of 15% provided that they are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Standard Time on February 14, 2020. The additional… Read more »
THE UNITED STATES AND CHINA SIGNED THE PHASE ONE AGREEMENT ON JANUARY 15, 2020
President Donald Trump signed the Phase One Agreement with Vice Premier Liu He of China at the White House on January 15, 2020. Goods in List 4B will not be sanctioned at all. Goods in List 4A will be reduced from 15% to 7.5% effective 30 days from January 15, 2020 according to a statement… Read more »
FIRST PRODUCT EXCLUSION GROUP IN LIST # 1 EXPIRES FOR MOST PRODUCTS AND EXTENDS ONLY SIX OF THEM
The first product exclusion group granted on December 28, 2018 for List # 1 of the China Section 301 tariffs was in effect for one year and it has expired. Customs identifies this group by Harmonized Tariff Schedule number 9903.88.05. However, the United States Representative has granted an additional one year extension to two HTS… Read more »