Here’s the latest breakdown on the proposed increased tariffs that President Trump announced last Friday. **Please keep in mind that this is the latest information from Friday. This can change at any time, we will do our best to keep…
“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…
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”…
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…
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…
For clarification: Per CSMS#19-000236 “Effective with respect to goods (i) entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May 10, 2019, and (ii) exported to the United States on or…
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…
U.S. Trade Representative Robert Lighthizer announced March 04, 2019 that President Trump intends to terminate the eligibility of India and Turkey as beneficiary developing countries under the Generalized System of Preferences (GSP) program because they no longer comply with the…
U.S. President Donald Trump and China President Xi Jin Ping agreed not to boost tariffs on the third list of duties from 10% to 25% on January 1st. Instead, both parties have agreed to immediately negotiate on structural changes with…