Global Trade Alert Message:On July 10th, 2018 the Trump Administration announced a list of tariffs on $200 billion worth of Chinese goods. Before these tariffs may go into effect, they must first undergo a two-month review process. (CNBC)
To view the latest list of proposed tariff increases, click here.
Global Trade Alert Message:On May 31st, 2018, the United States announced tariffs on imports of certain steel and aluminum products from Canada. In response, Canada will impose countermeasures that become effective July 1st (Department of Finance Canada).
Goods from Table 1 are subject to a 25% surtax.
Goods from Table 2 are subject to a 10% surtax.
To view the tables and more details, click here.
Global Trade Alert Message:USTR issues tariffs on Chinese products in response to unfair trade practices.
The first set of commodities for which additional duty has been levied via USTR: List 1
The second set of commodities which will undergo a further review and public comment period before a final determination is made via USTR: List 2
In case you missed it, Adam Mook, global trade compliance department manager for Logistics Plus, was featured on today’s airing of Business Spotlight on WPSE AM 1450/FM 107.1 Radio. Business Spotlight is a 30-minute program airing Fridays at noon. Each segment focuses on a business or organization that is making an impact across the region.
In this segment, Adam discusses the global trade agreements, recent Trump administration tariffs, customs broker solutions, and more. You can listen to a replay of the interview on the Logistics Plus YouTube Channel below.
Exemptions for 25% duty on steel and 10% on aluminum for Mexico, Canada, and the EU expire midnight tonight!
Trump imposes tariffs on closest allies, Mexico and Europe announce retaliation via Washington Post
Mexico declares tariffs on pork, cranberries and a host of other U.S. products via Washington Post