Further Vessel Restrictions and Potential Delays at the Panama Canal

On May 3rd, the Panama Canal Authority released its 6th draft restriction of 2019, a result of the country’s ongoing and severe drought conditions. Effective May 28th, vessels traveling through the famous canal will be restricted to a maximum draft

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USTR Releases Section 301 List 3 Notice and Plans for Exclusions

Per our Shap Flash on May 6, President Trump announced an increase in Section 301 List 3 tariffs from 10% to 25% that would commence this week. According to a new bulletin posted by the office of the U.S. Trade Representative (USTR),

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Section 301 List 3 Tariffs Set to Increase from 10% to 25%

On Sunday, May 5th, just days before Chinese officials are set to arrive in the US to continue trade negotiations, President Trump elicited a tweet proclaiming a planned increase in Section 301 List 3 tariffs from 10% to 25%. The additional 15%

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Update on Future of GSP for India, Turkey

Per our Shap Flash on March 5th, President Trump announced that India and Turkey’s Generalized System of Preferences (GSP) status would be revoked. Trump’s announcement followed a 2018 USTR investigation into the trade and fairness practices of several GSP eligible

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Uptick in CBP Penalties for “Late” ISF Filings

Importers are reporting an uptick in penalties from U.S. Customs and Border Protection (CBP) as a result of late ISF filings. Though CBP penalties for late ISFs filings are not new, the measure for lateness used to encompass several weeks

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Third Round of Section 301 List 1 Product Exclusions Released by USTR

A third round of product exclusions on Section 301 List 1 Chinese goods was released by the Office of the U.S. Trade Representative (USTR) on April 15, 2019. The announcement highlights an additional 21 specially prepared product descriptions, covering 348

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USTR Announces Section 301 Tariffs on EU Goods

On April 8, 2019, the Office of the United States Trade Representative (USTR) published a preliminary list of products from the European Union (EU) that may be subject to additional Section 301 tariffs. This measure has been proposed in retaliation

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Trump Threatens US-Mexico Border Closure

President Trump threatened to close the U.S. border with Mexico as early as this week in light of the issues stemming from the continued immigration crisis. Trump’s announcement is the latest in a series of escalated threats against Mexico in

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Shippers Should Expect Delays Due to Panama Canal Water Levels

Extremely low water levels in the Panama Canal have led to the imposition of a draft restriction on the waterway due to safety considerations. Presently, there is no expiration date for the restriction, but it will be eliminated once water

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Extended May Day Likely to Disrupt Supply Chains

Chinese officials announced changes to the May Day Holiday weekend in an act to stimulate China’s economy amidst disappointing first quarter data. Observance of the holiday will now take place between May 1-4, 2019. Despite the shift from one to

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