General Status Dear associates, with a very fluid situation, below is current information we have gathered as of end of day 02/10/2020. For Greater China Area: Today marks the official work-resumption day in most provinces. Local authorities require enterprises to submit applications for approval to resume work, enterprises are requested to demonstrate their capability to ensure strict… Read more »
The world is buzzing with news, and stories, abut the recent Coronavirus outbreak that started in Wuhan, China. Ship calls to ports in China have fallen 20% since January 20, 2020 as measure take hold to stop, or at least slow down the spread of the virus. According to the Wall Street Journal, analysts expect… Read more »
Every year it’s important to look at the calendar to plan for first quarter shipments as the Chinese New Year celebrations shut down the factories and shipments coming from China. This year, we’re not only going to talk about the logistics side of Chinese New Year, but we’ll also touch a bit on the cultural… Read more »
After almost two years of ever-increasing tariff negotiations, the US and China have come to a preliminary “phase one” bilateral trade agreement. Key points of the agreement include agricultural exports from the US to China, intellectual property securities and both a reduction of current tariffs on the first three tranches of duties and a cancellation… Read more »
As suppliers search for new markets to source goods during the US China tariff negotiations, Vietnam is a natural fit. However, there is an increase in the worry that some goods are at risk of bearing a “Made in Vietnam” label even though they’ve actually been manufactured in China to avoid tariffs. Because the US… Read more »
UPDATE 12.SEPT.2019 In what many hope are signs of a deescalation of the current trade war, China released a list of exemptions for their current tariffs against US imports. Fish meal, alfalfa, and lubrication oil are among the products listed for exemptions on the 25% tariffs imposed by China last year. In what he’s calling… Read more »
In an effort to avoid the impeding tariffs on goods from China, set to increase on January 1st but were pushed back to March 1st to give more time to the negotiations between these two nations, cargo has been streaming into ports and transferring to warehouses in a process called “front loading.” While this… Read more »
The US Pacific Northwest supplies 80% of domestic cherry sales and 11% of the cherries imported in China. Roughly one-third of all US grown cherries are exported overseas and accounted for $679 million in 2017. Tariffs on cherries in 2017 were 10% but after an escalating trade war with China, the tariffs hit 50% this… 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 »
In an effort to expand our reach and coverage to better serve our customers, Everglory Logistics is thrilled to discuss our recently acquired Ningbo office. With 3500 square feet of space and a highly trained 35 person staff of logistics professionals, we find that this location will offer more opportunities in China and Asia… Read more »