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...
Trans Pacific Trade Contract Rates Increased

Trans Pacific Trade Contract Rates Increased

Trans-Pacific Trade Contract Rates Increased by 20 percent.  Freight rates for annual ocean carrier contracts increased 20% in the trans-Pacific trade in recent negotiations conducted by the largest US Importers. They are signing the contracts at about $2250 and $1250...
Miscellaneous Tariff Bill ACT 2018

Miscellaneous Tariff Bill ACT 2018

How to know if your product is duty-free or has reduced duties under the MTB Act of 2018? The Miscellaneous Tariff Bill (MTB)  ACT of 2018 was signed and approved into law on Sept 13th, 2018.  The purpose of the law is to reduce or suspend duty rates for imports of...
Exemption Under Section 301

Exemption Under Section 301

How to determine Exemption Products from Section 301 Duty The USTR (United States Trade Representative) announced a list of exempted products from section 301 China tariff, list no. 3. List 3 has 984 individual products exempted for the tariff.  The list includes 21...
US to revoke India and Turkey from GSP

US to revoke India and Turkey from GSP

President Trump announced the removal of India and Turkey from GSP US President Donald Trump announced his Intent to revoke India and Turkey from the Generalized System of Preferences (GSP) on March 4th.  GSP is a preferential tariff system that provides reduced...