USTR Extends Section 301 Tariff Exclusions for Certain Medical Products until February 28, 2023
- November 23, 2022
Today, the Office of the U.S. Trade Representative (USTR) announced that it will extend Section 301 tariff exclusions on medical products used to treat COVID-19 for an additional 90 days. The 81 exclusions were originally set to expire on November 30, 2022; however, the exclusions will now apply to products meeting the specified criteria until […]
Continue Reading »USTR Requests Public Comments on Continuation of Section 301 Tariffs
- October 14, 2022
As you may already be aware, in May 2022, the Office of the US Trade Representative (USTR) began an initial review to determine whether Section 301 tariffs should continue to be imposed on products from China—the four year anniversary of the enactment of the duties. Last month, after receiving more than 400 requests for continuation […]
Continue Reading »TTB Publishes Temporary Regulations for CBMA Tax Benefits Effective January 1, 2023
- October 12, 2022
The Craft Beverage Modernization Act (CBMA) provisions of the Internal Revenue Code (IRC) provide for reduced rates or tax credits for certain quantities of beer, wine, and distilled spirits produced in or imported into the US. A recent change in the law transferred responsibility for administering the CBMA tax benefits for imported alcohol from Customs […]
Continue Reading »US Prepares for Possible Rail Strikes Amid Ongoing Negotiations
- September 12, 2022
Shapiro has received multiple reports that US rail workers from two of the biggest labor unions are preparing to strike once the cooling off period expires this Friday, September 16—which may cause significant delays and disruptions for US supply chains. Although Biden issued an Executive Order in July to establish the Presidential Emergency Board (PEB), […]
Continue Reading »USTR Announces Continuation of Section 301 Tariffs for List 1 and 2 Products
- September 6, 2022
On Friday, September 2, the Office of the U.S. Trade Representative (USTR) announced that Section 301 tariffs would continue for List 1 and 2 products from China. The decision follows a May announcement from the USTR that informed companies that have benefited from Section 301 tariffs of the possible termination of the duties; it also […]
Continue Reading »UK Ports Expect Significant Delays Ahead of Worker Strikes
- August 18, 2022
Shapiro has received multiple reports that workers at two of the busiest container ports in the United Kingdom (UK)—Felixstowe and Liverpool—have voted to strike as a result of ongoing wage disputes, which will likely cause delays and disruptions for UK supply chains. Beginning Sunday, August 21st, approximately 1,900 workers at the Port of Felixstowe will […]
Continue Reading »Ongoing Trucker Protests Disrupt Port Operations in Oakland
- July 22, 2022
After four straight days of dray trucker protests in Oakland, the port estimates that 12-16 vessels are at anchor waiting for a berth. The long line of vessels will only grow over the weekend. The truckers, mostly independent owner-operators, are furious over the speed of implementation and lack of clarity within California’s AB5 labor legislation. Cleverly, […]
Continue Reading »LA/LB Truckers Plan Work Stoppage to Protest AB5
- July 13, 2022
Shapiro has received multiple reports that a group of truckers responsible for moving containers in and out of the marine terminals at the Los Angeles and Long Beach (LA/LB) ports is participating in a work stoppage today (Wednesday, July 13) in protest of a controversial California state law, AB5. Owner operators are protesting outside the […]
Continue Reading »DHS Releases Forced Labor Enforcement Strategy Document
- June 21, 2022
On Friday, June 17th, the US Department of Homeland Security (DHS) released the Uyghur Forced Labor Prevention Act (UFLPA) enforcement strategy; the document was required to support the UFLPA’s rebuttable presumption that goods connected to the Xinjiang region are made with forced labor as of June 21, 2022. According to the Forced Labor Enforcement Task […]
Continue Reading »Ocean Shipping Reform Bill Officially Signed into Law
- June 14, 2022
Update as of 6/16/22: This afternoon, President Biden signed the Ocean Shipping Reform Act of 2022 (OSRA 22) into law. Per our initial ShapFlash, the US House of Representatives passed the Senate version of the Ocean Shipping Reform Act of 2022 (OSRA 22) by a vote of 369-42. As always, Shapiro will continue to monitor […]
Continue Reading »Bangladesh Shipping Container Facility Battles Deadly Fire
- June 6, 2022
Over the weekend, a deadly fire erupted at the BM Container Depot in southeastern Bangladesh, killing at least 49 people and injuring more than 300 others. The shipping container facility is in Sitakunda, near the port city of Chittagong. The cause of the fire is still unknown; however, officials believe that the facility became engulfed […]
Continue Reading »USTR Extends Section 301 Tariff Exclusions for COVID Products Until November 30
- May 27, 2022
The US Trade Representative (USTR) has announced another 6-month extension of Section 301 tariff exclusions on products used to treat COVID-19. All 81 product exclusions will now be extended until November 30, 2022. The initial extension for all specified products was scheduled to expire on May 31, 2022. Click here to view the official notice. […]
Continue Reading »USTR Asks If Domestic Industries Want Section 301 Tariff Extensions
- May 3, 2022
Today, the Office of the U.S. Trade Representative (USTR) issued a notice asking representatives of domestic industries to provide details regarding their utility of Section 301 tariffs since they first went into effect four years ago. In the announcement, the USTR informed companies that have benefited from Section 301 tariffs of the possible termination of […]
Continue Reading »President Biden Signs Legislation Removing Russia and Belarus from Normal Trade Relations
- April 12, 2022
On Friday, April 8, 2022, President Biden officially signed the following bills into law to end permanent normal trade relations status for Russia and Belarus and to enact the previously announced ban on Russian oil: H.R. 6968 – the “Ending Importation of Russian Oil Act” bans any importation of energy products from the Federation of […]
Continue Reading »CIT Releases Decision on USTR’s Authority to Impose List 3 and 4A Section 301 Tariffs
- April 1, 2022
Today, the Court of International Trade (CIT) released a ruling indicating that the US Trade Representative (USTR) had the authority to impose the List 3 and 4A Section 301 tariffs covering over $200 billion in Chinese goods. Although the decision was not in favor of the plaintiffs—a group comprised of over 3600 separate lawsuits—who argued […]
Continue Reading »Shanghai to Shut Down for City-Wide COVID Testing
- March 28, 2022
Update as of 4/4/22: The lockdown in Shanghai has been extended indefinitely as results of the city-wide COVID testing are still being reviewed, leaving Chinese supply chains in a state of uncertainty. The lockdown in Shanghai Pudong was initially set for March 28th – April 1st, with Shanghai Puxi following from April 1st – 5th. […]
Continue Reading »USTR Extends 352 Expired Exclusions from Section 301 Tariffs
- March 23, 2022
On March 23rd, the U.S. Trade Representative announced the extension of 352 exclusions from Section 301 tariffs on China. The exclusions, which had previously expired, will remain in effect through December 31, 2022. The exclusions from Section 301 tariffs include: List 1: 89 Exclusions List 2: 34 Exclusions List 3: 187 Exclusions List 4: 42 […]
Continue Reading »Shapiro Will Suspend Services for Cargo Routed Through Russia, Belarus and the Donetsk/Luhansk/Crimea Regions of Ukraine
- March 21, 2022
With consideration to the recent horrific developments between Russia and Ukraine, the advice from the government, and the newly imposed sanctions, Shapiro has elected to suspend handling brokerage and forwarding services for all goods originating or shipping to/from Russia, Belarus, and the Donetsk/Luhansk/Crimea regions of Ukraine. For imports, this change will be effective for shipments […]
Continue Reading »China Fights Omicron Outbreak with New Lockdown Restrictions
- March 15, 2022
China is currently facing its largest COVID outbreak since the pandemic initially broke out in 2020. Despite its success combating the virus with a “zero-tolerance” policy thus far, the Chinese government has been unable to contain the highly contagious Omicron variant sweeping across the country in recent weeks. In response to the rapid spike in […]
Continue Reading »White House Issues Executive Order Banning Certain Imports, Exports and New Investments from Russia
- March 11, 2022
Earlier today, President Biden announced that the US, along with Canada, France, Germany, Italy, Japan, the UK and the European Union, will revoke Russia’s Most-Favored-Nation (MFN) status in light of the country’s continued invasion of Ukraine. Additionally, the White House announced it would be taking the following measures: Banning export of luxury goods to Russia […]
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