USTR Releases Official List 2 Exclusion Process

The office of the United States Trade Representative (USTR) officially published the List 2 exclusion process on Tuesday, September 18th. The official notice and exclusion process can be found HERE. Please take note of the following key points as they

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List 3 Tariffs on $200 Billion Worth of Chinese Imports to Take Effect on Monday, September 24th

We are sorry to report that the (dreaded) day has finally arrived…    In the Administration’s continued attempt to bolster U.S. manufacturing, Section 301 List 3 tariffs have been finalized—and are set to take effect next Monday, September 24th. Affected

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Two Powerful Storms Cause Global Supply Chain Disruptions

Typhoon Mangkhut, which just finished ravaging southern China and continues to move inland, and Hurricane Florence, which continues to be a catalyst for major flooding along the southeastern coast of the U.S., have caused major havoc on ground, sea and

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Miscellaneous Tariff Bill Becomes Law and Reduces Tariffs on Nearly 1,700 Items

The Miscellaneous Tariff Bill (MTB) became law on September 13th, 2018 and will go into effect on October 13th, 2018, following a 30-day grace period. The bill provides tariff reductions on roughly 1,700 items through 2020 and was originally proposed

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Update on Hurricane Florence and Closing of Charleston Office

Hurricane Florence is approaching!   Out of concern for our team and in compliance with local instructions, the Shapiro’s Charleston office closed at 10 AM today, Tuesday, September 11th. Our Charleston employees are working remotely to address all emails, but responses may

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List 3 Tariffs Could go into Effect as Early as Friday, September 7th

We are hearing from the media—and you may be as well– that tariffs on List 3 could go into effect as early as Friday, September 7th.   We find this hard to believe, but feel it is important to share what we are thinking: The

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President Trump Announces the “United States–Mexico Trade Agreement”

The United States Trade Representative (USTR) has released three U.S.-Mexico Trade Fact Sheets announcing that the United States and Mexico have reached a preliminary agreement, in principle, to update the 24-year-old NAFTA with modern provisions representing a 21st century, high-standard

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List 2 Section 301 Duties to go into Effect on August 23rd

On Monday, August 7th the office of the United States Trade Representatives (USTR) published its finalized second list, officially known as “List 2”, of Chinese products; these tariffs will be subject to additional duties effective August 23rd. In its final

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China Retaliates, No Sign of Trade War Ending

On Friday, August 3rd, China announced that they will impose their own set of tariffs on $60 billion worth of U.S. goods if President Trump moves forward with his plan to further increase tariffs. Last week, the Trump administration announced

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Trump Considers Increasing Proposed Tariffs From 10 Percent to 25 Percent Against Chinese Goods

President Trump has announced that he is considering increasing the tariff rate percentage from 10 % additional duty to 25% on List 3 items, which is an additional $200 billion worth of goods from China. This would be applied to

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