A Presidential Proclamation dated May 31, 2019 has terminated India’s participation in the U.S. Generalized System of Preferences (GSP). The President stated that “India has not assured the United States that India will provide equitable and reasonable access to its markets. Accordingly, it is appropriate to terminate India’s designation as a beneficiary developing country effective… Read more »
U.S. May Impose Additional Tariffs On Mexico Until The Immigration Crisis At The Southern Border Is Improved
On May 30, President Trump sent a few messages via Twitter and the White House issued a statement indicating that President Trump will use his authority under the International Emergency Economic Powers “to impose a 5% Tariff on all goods imported into the United States from Mexico, until such time as the illegal migration crisis… Read more »
CHINA LIST # 3 – ENTRY DATE EXTENSION FOR 10% ADDITIONAL TARIFF
U. S. Customs and Border Protection (CBP) implemented a duty increase from 10% to 25% for List #3 of the China Section 301 Tariffs under instructions from the United States Trade Representative (USTR) on May 9, 2019; however, under certain date qualifications the goods could still be entered under the lower duty rate for a… Read more »
Product Exclusion Requests for China Section 301 List # 3
The deadline for requesting product exclusions under the China Section 301 Sanctions, Lists # 1 and #2, passed in Q4 of 2018. The U.S. Trade Representative has announced that the public comment period for product exclusion requests for merchandise described or classified in List # 3 ends on June 7, 2019. The Federal Register notice attached… Read more »
USTR Proposes More Sanctions For Chinese Products – A Fourth List at 25%
There have been many recent developments in the trade negotiation process that prompted the United States to increase duties on certain Chinese products worth approximately $200 billion of import value as of May 10, 2019. The Chinese government announced yesterday that it will increase sanctions on $60 billion worth of U.S. goods as of June… Read more »