Tariff sanctions for goods manufactured in China under Section 301 and what is known as List #2 ( https://ustr.gov/sites/default/files/enforcement/301Investigations/Final%20Second%20Tranche.pdf ) go into effect on August 23, 2018. An additional 25% duty will be imposed on the 279 classifications affected and worth approximately $16 billion in import value. As previously informed, List #1 (https://ustr.gov/sites/default/files/enforcement/301Investigations/List%201.pdf ) affected 818 classifications with… Read more »
TAGGART INTERNATIONAL LTD / CUSTOMS AND TRADE SERVICE INC. EXPAND ST. LOUIS MISSOURI OPERATIONS
Taggart International, Ltd., and its wholly-owned subsidiary Customs and Trade Services, Inc. have expanded operations to offer Warehouse and Warehouse Supported Import/Export Consolidation operations in the Midwest. “We know that offering centrally positioned warehouse, consolidation, and distribution points throughout the Midwest support our clients’ supply chain objectives of balancing transit time with cost. Coupled with… Read more »
China Section 301 – Additional Proposed Sanctions
The United States Representative (USTR) under instructions from the President, and as a result of China’s failure to change its unfair trading practices in regards to intellectual property and innovation has initiated the process of imposing an additional 10 percent duty on certain goods made in China that are classified in 6,031 Harmonized Tariff Schedule… Read more »
Additional Tariffs Under Section 301 For China
In response to China’s unfair trade practices related to the forced transfer of U.S. technology, intellectual property and innovation, the United States government has imposed an additional 25% duty on certain goods made in China that are valued at approximately $34 billion in annual import value and classified in 816 Harmonized Tariff Schedule numbers (Additional… Read more »
GSP Renewal Status: Unknown!!!
The Generalized System of Preferences (“GSP”) which provides duty free benefits for qualifying products from eligible countries expires on December 31, 2017 and can only be renewed by law. There have been talks about its potential renewal for months, yet there are only three weeks left in the year, and with nothing conclusive about it at this point…. Read more »