“I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended.” – Tweet from President…
Blog Archives
Update: Imposition of Tariffs to Mexico Imports – Indefinitely Suspended
Posted in Mexico Tariff, Trump, Trump Administration Tagged with: import, Mexico, Mexico Tariffs, Tariff, trade, Trump
UPDATE: Imposition of Tariffs on Mexico Imports
Yesterday, June 5, 2019, Vice President Mike Pence welcomed the Mexican delegation to the White House to see if they can ward off a potential economic crisis. The meeting ended without a deal as Pence tweeted “Mexico must do more”…
GSP Update: India; Effective June 5, 2019
Effective June 5, 2019, India’s designation as a beneficiary developing country is terminated pursuant to Presidential Proclamation. Eligibility for duty free treatment will no longer apply. Per CBP CSMS# 19-000275: On May 31, 2019, President Trump signed a Presidential…
Update: FDA’s VQIP (Voluntary Qualified Importer Program
If you are interested to join FDA’s Voluntary Qualified Importer Program, FDA will be extending the application period for importers to submit their completed application for the Voluntary Qualified Importer Program (VQIP) for the Fiscal Year 2020 benefits period. The…
GSP Update: Turkey
Effective May 17, 2019, the designation of Turkey as a beneficiary developing country is terminated in accordance to Presidential Proclamation issued yesterday. If you are importing from Turkey, you will no longer be eligible for the Generalized System of Preferences…
SEC 301 Lis#4 China Tariffs
The USTR announced the tariff list # 4 covering the remainder of goods not currently subject to additional 25% increase of tariffs. List#4 covers approximately $300 billion in imported goods from China. The announcement with the full list of affected…
Posted in Additional Tariff, China, SEC 301, Trump Tagged with: ace, additional tariffs, China Tariffs, import, Sec 301, Trump
Update: Additional Increase to 25% on China Tariffs
For clarification: Per CSMS#19-000236 “Effective with respect to goods (i) entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May 10, 2019, and (ii) exported to the United States on or…
Posted in Additional Tariff, China, SEC 301 Tagged with: Additional Duty, China Tariffs, Sec 301, Trump
Additional Tariff Rate from China to Increase from 10% to 25% on May 10, 2019
Additional tariff rates for Chinese origin products on List#3 are expected to increase from 10% to 25% according to the annoucement made by U.S. Trade Representative Robert Lightizer. A Federal Register Notice draft has already been released and will be…
Reviewing your Import Process
When was the last time you took a long, hard look on your import procedure? Perhaps, you are one of those who wear multiple hats: Sales, Purchasing, Logistics, Accounting and last but not the least, Customs documentation. About 10 years…
Commercial Invoice Requirements
This is a reminder to the trade that the commercial invoice should contain enough information for Customs and Border Protection (CBP) and all other government agencies to determine if the goods being imported are admissible and for the purpose of…
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