The ICC announces launch date for Incoterms 2020

The ICC announces launch date for Incoterms 2020

The International Chamber of Commerce (ICC) announces the launch date for Incoterms 2020. ICC will release the Incoterms 2020 in early September 2019 which will provide certainty and clarity to businesses trading across borders around the world. Incoterms...

US terminates India from GSP benefits.

On May 31, 2019, US President Donald Trump signed a Proclamation to Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974 which terminates the designation of India as a beneficiary developing country, effective June 5, 2019. General notes...
USTR Announces Modification in Section 301

USTR Announces Modification in Section 301

The office of the United States Trade Representative (USTR) is planning to modify in current section 301 investigation. USTR announced that it is proposing to implement new retaliatory tariffs on the remaining Chinese products that currently are unaffected by the...