We have covered in multiple posts the additional duties that have been placed on steel, aluminum and solar panels from countries around the world, as well as the three separate lists of goods only from China. The first two lists were proposed and implemented with duty rates of 25%. The third list which contains far… Read more »
It’s important to first mention that most imports from the trans-Pacific are being expedited because of the looming tariffs coming at the end of the year. A 25% tariff is excellent motivation to move as much cargo to the US as possible before the tariffs are in full effect. Having said that, it’s expected that… Read more »
Effective September 24, a third set of tariffs will go into effect on $200 billion of Chinese imports. Initially the tariffs will be set at 10% through the end of the year and will rise to 25% on January 1, 2019. While 6,031 tariff lines were initially proposed, the negotiation period saw the removal of… Read more »
This week we bring our readers information on the second tranche of HTS numbers that will be subjected to an additional 25% duties from China. Effective August 23rd, US Customs and Border Protection will collect 25% additional duties on 279 HTS numbers including products such as agricultural seeders, hoses, motors and generators. After the announcement,… Read more »
This morning, the US Trade Representative announced a third list of HTS numbers totaling approximately $200 billion in imports from China. The escalating tit-for-tat between the United States and China shows no sign of abating and US importers and exporters are the ones directly feeling the impact. US consumers are sure to start to feel… Read more »
On Friday, June 15th, the United States Trade Representative announced that the U.S. was moving ahead with imposing a 25% duty on list of a little over 800 different harmonized tariff items from China. Customs and Border Protection will begin collecting these duties for goods entered or withdrawn beginning July 6, 2018. Following a comment… Read more »
The commercial invoice (CI) is the record of a sales transaction and a crucial part of any import/export shipment. In a transaction, these documents record the buyer and seller’s information, detailed descriptions and quantities, trade terms, price, reference marks regarding the packaging and contents, payment arrangements, and the signature of the exporter that are agreed… Read more »
Dey Cargo adds complementary strength in project cargo, new global markets for Everglory customers. Everglory Logistics today announces our acquisition of Dey Cargo, an Atlanta-based freight forwarder. Dey Cargo provides traditional air and sea freight services that will join forces with Everglory’s market strength in the far east offering a wider global portfolio to importers and exporters…. Read more »
Earlier this year, footwear manufacturer Birkenstock announced that effective January 1st, their merchandise would no longer be available for purchase on Amazon. In fact, they have issue the cautionary warning that any of their product found on Amazon likely was counterfeit. Fashion brands who are increasingly turning to eCommerce platforms like Amazon and Alibaba because… Read more »
(Wooden bedroom furniture, pictured above, may be free of Customs duties but could carry antidumping duties of 100% or more.) When a company is working to establish the landed costs for a product they plan to import, they take a number of steps to ensure that their calculations are correct and they sell the product… Read more »