by Rahul Goyal | Aug 2, 2019 | Import Compliance
Section 301 Update: On August 1, 2019, President Trump tweeted that the US will impose a 10% tariff on approximately US$300 billion worth of products from China (“List 4”) beginning on September 1. This will be in addition to Section 301 tariffs already imposed on...
by Rahul Goyal | Jul 30, 2019 | Training
This seminar, sponsored by America’s Small Business Development Center (ASBDC), will increase your overall knowledge on export compliance/enforcement including an update on the latest regulatory changes with respect to the Foreign Trade Regulations (FTR). An...
by Rahul Goyal | Jul 22, 2019 | Incoterms
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...
by Rahul Goyal | Jul 19, 2019 | Uncategorized
In order to help you understand the latest round of HTS changes that went into effect on July 1, International Trade Today has published their 2019 U.S. Harmonized Tariff Schedule Summary of Updates. This publication is designed to help members of the trade stay...
by Rahul Goyal | Jul 8, 2019 | Ocean Logistics
Currently, all modern commercial ships run on fossil fuels such as MGO (Marine gas oil), MDO (Marine diesel oil), IFO (Intermediate fuel oil), MFO (Marine fuel oil), HFO (Heavy fuel oil) collectively known as bunker fuel. These fuels have a high content of sulfur...
by Rahul Goyal | Jul 3, 2019 | Import Compliance
The US president Donal Trump announced that the U.S will not impose additional tariffs of up to 25 percent on List-4 goods from China. Trump took the decision on June 29 after meeting the Chinese President Xi Jinping to impose the additional tariff on the products...
by Rahul Goyal | Jul 1, 2019 | Uncategorized
India asked its airlines not to fly over Iranian airspace on June 22. Amid rising geopolitical tension between the US and Iran, the Directorate General of Civil Aviation (DGCA), India asked the airlines avoid flying over-water area of Tehran (Iran) airspace with the...
by Rahul Goyal | Jun 12, 2019 | Import Compliance
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...
by Rahul Goyal | Jun 1, 2019 | Import Compliance
Transpacific carriers start blanking sailings with tariff-hit US imports TRANSPACIFIC container carriers are beginning to cancel sailings for June as they prepare for decelerated growth of US imports from Asia due to tariffs and after eastbound spot rates to the West...
by Rahul Goyal | May 15, 2019 | Import Compliance
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...
