After a lengthy litigation, a World Trade Organization (WTO) arbitrator determined on October 2, 2019 that the European Union (EU) has illegally subsidized its civil aircraft industry and Airbus in particular. Therefore, the United States may levy up to $7.5 billion in countermeasures to the EU annually. The U.S. Trade Representative (USTR) announced in… Read more »
The United States Trade Representative has granted tariff exclusions to two more groups of products covered by Lists # 1 and 2 of the China Section 301 sanctions as follows: HTS#9903.88.19 – List 1 Product Exclusion Group 8 – Retroactive to July 6, 2018 and in effect for one year from publication in the Federal… Read more »
U.S. Customs will increase its User Fees effective October 1, 2019. This time, the rate increase due to inflation is 7.167 percent. Although the Merchandise Processing Fee (MPF) rate for formal entries will remain at 0.3464%, the minimum MPF will change from $26.22 to $26.79 and the maximum will change from $508.70 to $519.76. The… Read more »
The United States Trade Representative has granted tariff exclusions to three more groups of products covered by Lists # 1, 2 and 3 of the China Section 301 sanctions as follows: HTS#9903.88.14 – List 1 Product Exclusion Group 7 – Retroactive to July 6, 2018 and in effect for one year from publication in the… Read more »
President Trump posted in his twitter feed last night that the US will delay an October 1st, 2019 planned increase (25% to 30%) in the Section 301 duty rate until October 15th as a gesture of goodwill towards China.