The Office of the U.S. Trade Representative (USTR) has officially announced that the additional 15% tariffs on $160 billion of List 4B products that were set to take effect on December 15th are suspended indefinitely. Per our previous Flashes, President Trump announced last Friday that the U.S. would not be imposing the additional 15% tariffs […]

The Office of the U.S. Trade Representative (USTR) released additional sets of product exclusions from Section 301 Chinese tariffs. The USTR notices feature several announcements, each containing the specially prepared HTS subheadings excluded from either List 1, 2 and 3 tariffs. The List 3 notice contains 35 HTS subheadings partially excluded from 25% tariffs, and 9 […]

Per yesterday’s Flash, officials from the U.S. and China reached a tentative trade deal, just days before Section 301 List 4B tariffs were scheduled to begin on December 15th. President Trump has now confirmed the terms of “Phase One” of the U.S. – China Pact: U.S. will not impose a 15% tariff on $160 billion […]

The U.S. and China have reportedly reached a tentative trade agreement, just days ahead of the next installment of Section 301 (List 4B) tariffs scheduled to begin this Sunday, December 15th. “Phase One” of the U.S. – China pact would halt the imposition of additional 15% tariffs on $160 billion in products imported from China. […]

As mentioned in ShapTalk December 2018 issue, all remaining tariff numbers will have a specific unit of quantity (UOQ) assigned to them. Under the Trade Facilitation and Enforcement Act of 2015 (TFTEA), also referred to as the New Drawback Law, changes will be made to all HTS and Schedule B numbers for all units of […]

Today, the Trump Administration and the U.S. House of Representatives revealed plans to move forward with the United States-Mexico-Canada Agreement (USMCA), which will replace the recently defunct North American Free Trade Agreement (NAFTA). USMCA makes a few key changes to NAFTA, which are designed to favor organized labor, regular (non-gig) workers and enhance digital trade […]

On Monday, December 2nd, the office of the United States Trade Representative (USTR) proposed the enactment of Section 301 tariffs on French imports, covering 63 different HTS subheadings. The proposition of tariffs is in direct retaliation to France’s newly minted digital services tax, which heavily interferes with the interests of U.S. internet and software giants […]

In a series of Tweets elicited this morning, President Trump stated that he plans to restore Section 232 tariffs on all steel and aluminum being imported to the U.S. from Brazil and Argentina. The President cited the continued devaluation of Brazilian and Argentinian currencies, which impede profitability of U.S. agricultural exports, as the impetus for […]

The Craft Beverage Modernization and Tax Reform Act (CBMA), which went into effect in 2017 and reduced tax rates on qualified imports of distilled spirits, beer and wine, is set to expire prior to year’s end. Since its inception, CBMA is estimated to have saved importers and producers of alcohol millions in tax credits. These […]

The Office of the U.S. Trade Representative (USTR) released an additional set of product exclusions from Section 301 List 3 Chinese tariffs. The List 3 notice contains 32 specially prepared HTS subheadings partially excluded from 25% tariffs, which cover 39 separate requests respectively. According to the USTR, the latest round of exclusions will retroactively apply […]

The Office of the U.S. Trade Representative (USTR) released an additional set of product exclusions from Section 301 List 3 Chinese tariffs. The List 3 notice contains 2 HTS subheadings completely excluded from 25% tariffs, and 34 partially excluded subheadings, which cover 42 separate requests respectively. According to the USTR, the latest round of exclusions […]

On Thursday October 25th, the office of the U.S. Trade Representative (USTR) announced that one-third of Thai exports, including all seafood, would lose their Generalized System of Preferences (GSP) status effective April 25, 2020. According to the USTR, President Trump decided to suspend $1.3 billion in preferential trade for Thailand based “on its failure to […]

The Office of the U.S. Trade Representative (USTR) released another set of HTS subheadings that are partially excluded from Section 301 List 3 tariffs. The notice contains 83 HTS subheadings partially excluded from 25% tariffs, which cover 95 separate requests. The newest round of exclusions will retroactively apply to all List 3 products meeting the specified […]

The office of the U.S. Trade Representative (USTR) announced plans to establish an exclusion process for products subject to additional Section 301 List 4A tariffs that went into effect on September 1st. Though no official announcement has been released yet, the USTR revealed that it will open an electronic portal for the submission of requested […]

In a Tweet posted on Monday, October 14th, President Trump announced that Section 232 tariffs on imports of Turkish steel would be bumped back up to 50% effective immediately. The additional tariffs on Turkish steel were initially put in place in August of 2018 and were subsequently reduced to 25% in May of this year. […]

On Friday, October 11th, President Trump announced the postponement of additional duties on over $250 billion worth of Chinese goods amidst positive trade talks with China. The additional tariffs were set to take effect on Tuesday, October 15th and would have increased tariffs on list 1, 2 and 3 items from 25% to 30%. President […]

On October 3rd, the U.S. Trade Representative (USTR) announced that additional Section 301 tariffs on European Union (EU) goods will go into effect on October 18th. The USTR has published an official notice in the Federal Register advising importers to prepare for the imposition of additional tariffs (ranging from 10% to 25%) with respect to […]

The U.S. International Trade Commission (USITC) will open a portal for Miscellaneous Tariff Bill (MTB) petition submissions on Friday, October 11, 2019 at 8:45 a.m. On Tuesday, October 8, 2019, the USITC will hold a public walk-through on the MTB petition process and online portal at the USITC Building, Hearing Room A, 500 E Street SW, […]

As you are already aware, the World Trade Organization (WTO) authorized the U.S. to impose additional tariffs on nearly $8 billion worth of European goods in response to the European Union’s (EU) subsidization of Airbus on September 25th. The office of the U.S. Trade Representative (USTR) has now released an official list of EU products […]

On Wednesday, September 25th, the World Trade Organization (WTO) authorized the U.S. to impose additional tariffs on $8 billion worth of European goods in response to the European Union’s (EU) subsidization of Airbus – Europe’s leading manufacturer of airplanes and aviation equipment. Though the U.S. Trade Representative (USTR) has yet to announce a specific percentage […]