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U.S. Going Ahead with 25% Tariff on $50 Billion Worth of Goods

On Tuesday, May 29th, the White House announced that the Trump administration will go forward with a 25% tariff on $50 billion worth of products coming from China. This comes just 10 days after Treasury Secretary Steven Mnuchin announced a hold on Section 301 tariffs to delay a possible trade war with China and allow […]

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No Deal Between Brazilian Government and Truckers, Day 5 of Strike Continues

The Brazilian Government and truckers in Brazil still have not reached an agreement to end the strike, continuing into day 5 of no truck drivers. The Brazilian Association of Trucking, which represents about 700,00 drivers, organized the strike and rejected the deal late Thursday, causing one of the worst strikes in country history and affecting […]

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Attention Importers: Send Your Steel and Aluminum Product Exclusion Numbers ASAP

On March 19, 2018, the Department of Commerce (DOC) published in the Federal Register (FR) the process for parties to submit requests for exclusions from Presidential Proclamations 9704 and 9705 on Adjusting Imports of Steel and Aluminum into the United States under section 232 of the Trade Expansion Act of 1962. See 83 FR 12106. […]

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U.S. and China Agree to Put Section 301 Tariffs on Hold, According to Treasury Secretary, or Not..?

As you are aware, earlier this year, the U.S. proposed new tariffs on $50 billion worth of products from China due to a Section 301 investigation.   On Sunday, Treasury Secretary Steven Mnuchin said that the proposed new tariffs on Chinese imports will be put on hold while the United States and China are in the […]

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Congestion at Asian Ports Causing Shipping Delays

Congestion at several critical Asian ports is disrupting shipping service, with berthing delays of at least a week as ships are forced to wait at anchor. The ports of Bangkok, Chittagong, Kolkata, and Shanghai are reported to be most affected, with increased container volumes, poor infrastructure and in some cases, bad weather all contributing to […]

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President Trump Issues Last Minute Proclamations Adjusting Regulations on Imports of Steel and Aluminum

Imports of all steel and aluminum articles from Canada, Mexico, and the member countries of the EU shall remain exempt from the additional duty established until 12:01 a.m. eastern daylight time on June 1, 2018. Steel: Imports of all steel articles from Argentina, Australia, Brazil, and South Korea* shall be exempt from the additional duty […]

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GSP Renewed Until December 31, 2020

The renewal of the Generalized System of Preferences (GSP), which was signed by President Trump in late March, went into effect April 22, 2018. Importers should continue to flag GSP-eligible importations as SPI “A” and expected to pay normal duty rates until duty payments subsided on April 22nd. U.S. Customs and Border Protection (CBP) will […]

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Strike Notice Given by Two Canadian Pacific Railway Limited Unions

Two unions at the Canadian Pacific Railway Limited (CP), representing over 3,300 workers, have given 72-hour notice for a strike that would commence on April 21, 2018 at 12:01am EDT. The Teamsters Canada Rail Conference – Train & Engine (TCRC) and the International Brotherhood of Electrical Workers (IBEW) comprised of engineers, conductors, signal and communication […]

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Dense Fog Causing Carrier Headache in North China

Heavy fog across the North China region is causing many ocean carriers in Shanghai and Ningbo to reschedule or delay sailings for several days or even weeks. Dense fog has been reported in the region for the past two to three weeks, making it difficult for shipping lines to maintain schedules and port operations.  Some […]

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CBP Released Commencement Date for GSP Refunds

The renewal of the Generalized System of Preferences (GSP), which was signed by President Trump in late March, will go into effect April 22, 2018. CBP will begin issuing GSP refunds on qualified goods shortly after the effective date, but will not offer any interest payments. Refund requests must be submitted prior to September 19, […]

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GSP Renewal – ACH Refunds

The Generalized System of Preferences (GSP) was renewed in late March and CBP is giving importers the opportunity to receive refunds from overpayment of duties, taxes, and fees electronically via Automated Clearinghouse (ACH). If already signed up for ACH Refund, refunds will be automatically deposited into your bank account. If you are NOT signed up for […]

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USTR Releases List of Proposed Tariffs on Chinese Goods

The Office of the U.S. Trade Representative (USTR) released a proposed list of tariffs covering 1,300 Chinese products with a combined value of $50 billion. “Sectors subject to the proposed tariffs include industries such as aerospace, information and communication technology, robotics, and machinery,” said the USTR in a news release. The tariffs, a result of […]

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President Trump Signs the Omnibus Bill

President Trump has just signed the Omnibus bill, which passed through the House and Senate earlier today. As a result, the Generalized System of Preferences (GSP) will be renewed and all applicable stakeholders will receive retroactive benefits within the next 90 days. Earlier today the President expressed his concerns over signing the bill and heavily […]

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Omnibus Spending Bill Includes GSP Renewal

The proposed renewal of the Generalized System of Preferences (GSP) through December 31, 2020 is outlined in the Omnibus Spending Bill, which was released on Wednesday, March 21st. The 2,000 page bill has passed in both the House and Senate and now needs to be signed by President Trump. Under the Omnibus bill, GSP renewal […]

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Trump Announces $50 Billion in Tariffs on Goods Imported from China

Following the recent announcement of additional tariffs on steel and aluminum imports, President Trump is now taking additional steps that could ignite a full-blown trade war with China by pushing for a hefty $50 billion in tariffs on imported Chinese goods. Trump’s concerns about the U.S.’s $375 billion trade deficit with China is fueling this […]

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Shapiro’s New York Office Closed Due to Winter Storm

Due to the inclement weather, our New York office is closed today, March 21st. Employees will be working remotely until weather conditions improve. Our Baltimore and Dulles offices are open but with limited staff. Many employees will be working remotely to address all emails, but responses may be delayed. Shapiro will continue to monitor the […]

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Section 301: The Proposed Tariff List and the Administrative Process

As we shared with you yesterday, as part of the U.S. response to China’s unfair trade practices related to the forced transfer of U.S. technology and intellectual property, the Office of the U.S. Trade Representative (USTR) published a proposed list of products imported from China that could be subject to additional tariffs. The United States […]

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U.S. Department of Commerce Announces Steel and Aluminum Tariff Exclusion Process

The U.S. Department of Commerce announced its procedures for excluding products from the recently announced tariffs on steel and aluminum product imports. As directed by President Trump, the Department published the procedures in the Federal Register and began accepting exclusion requests from U.S. industry today, Monday, March 19, 2018, at 8:45 AM. Click HERE to […]

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Ocean Carrier’s Position on Door Moves

To offset increasing costs and challenges in the drayage market, many ocean carriers are beginning to implement an Emergency Door Service (EDS) surcharge on door moves.  The new ELD mandate and equipment/driver shortages are causing significant delays, and as a result, carriers are levying a fee against shippers to cover such costs or even restricting […]

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President Trump Issues Presidential Proclamations with Additional Import Steel and Aluminum Tariffs Effective March 23, 2018 – New Country Exceptions Announced

Under Presidential Proclamations issued on March 8, 2018: “Steel article” imports specified in the Annex shall be subject to an additional 25 percent ad valorem rate of duty with respect to goods entered, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on March 23, 2018.  This rate of duty, […]

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