International Alert: Strike in Belgium

International Alert: Strike in Belgium

International-Alert-MessageTo our valued customers,

We would like to inform you that a national strike has been announced in Belgium for Wednesday, February 13th. Most, if not all, ports and airports will be closed and other disruptions are also expected. The Logistics Plus Belgium office will remain open, but operations may face delays.

We apologize in advance for any service disruptions or delays caused by the strike. If you have any questions, email us at antwerp@logisticsplus.com. Thank you for your understanding.

Global Trade Alert: China Tariffs Set to Increase in March

Global Trade Alert: China Tariffs Set to Increase in March

GlobalTrade-Alert-MessageGlobal Trade Alert Message:

The United States originally announced that the third tranche of the 301 tariffs for Chinese goods was scheduled to increase from 10 percent to 25 percent on January 1, 2019. On December 1, 2018, it was announced that the increase would take place in 90 days instead. Therefore, the third tranche 301 tariffs will increase to 25 percent on March 2, 2019.

This Global Trade Alert is for the third tranche of China tariffs only. Tranches 1 and 2 will remain at 25 percent.

The notice in the Federal Register is here: https://www.federalregister.gov/docs/301

The list of HTSUS codes subject to the 301 tariffs is here: https://www.cbp.gov/PDF/301

Global Trade Alert: China Tariffs Set to Increase in March

Global Trade Alert: U.S. Will Hold Off On Raising China Tariffs

GlobalTrade-Alert-MessageGlobal Trade Alert Message:

The United States will hold off on raising China tariffs to 25 percent as President Trump and President Xi of China have agreed to a 90-day truce. The White House announced that “President Trump has agreed that on January 1, 2019, he will leave the tariffs on $200 billion worth of product at the 10 percent rate, and not raise it to 25 percent at this time.”

This Global Trade Alert is for the third tranche of China tariffs only. Tranches 1 and 2 will remain at 25 percent.

More details regarding the tariffs can be read here: https://www.cnbc.com/2018/us-china-tariffs

Global Trade Alert: China Tariffs Set to Increase in March

Global Trade Alert: Miscellaneous Tariff Bill

GlobalTrade-Alert-MessageTrade Alert Message:

The Miscellaneous Tariff Bill (MTB) Act of 2018 was signed into law on September 13, 2018.  The MTB temporarily reduces or eliminates import tariffs on specific raw material and intermediate manufacturing products not available domestically here in the US, in the hope that US manufacturers will have a level playing field at sourcing manufacturing materials.

The tariff reductions and suspensions are effective for goods entered into the US or withdrawn from a warehouse for consumption on or after October 13, 2018, which is 30 days after the date of the enactment.  The suspensions and reductions will last until December 31, 2020.

You can view the full text of the Miscellaneous Tariff Bill, along with the commodities subject to tariff suspensions and reduction here:
https://www.congress.gov/bill/115th-congress/house-bill/4318/text

 

 

Global Trade Alert: China Tariffs Set to Increase in March

Global Trade Alert: Third Round of China Tariffs

GlobalTrade-Alert-MessageTrade Alert Message:

The United States Trade Representative (USTR) has announced that the third round of tariffs on Chinese goods goes into effect September 24, 2018. The initial tariff is 10%, which will increase to 25% January 1, 2019. More details can be found below.

Read the full statement by the USTR here:
https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/september/ustr-finalizes-tariffs-200

The full list of tariffs is here:
https://calculators.io/us-customs-list-of-tariff-impacted-items/ (link updated 1/12/19)