Coronavirus Continues to Wreak Havoc

The deadly Coronavirus, which has already negatively impacted trade, has now claimed up to 80 lives and infected over 2,700 people. Wuhan, which served as ground zero for the outbreak, is still actively in the process of cancelling events and

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Additional 232 Tariffs Placed on Finished Steel and Aluminum Products

In a statement made on Friday, January 24th, President Trump announced the imposition of an additional 25% tariff on certain steel products—and an additional 10% tariff on certain aluminum products—that  will go into effect on February 8th. The President cited

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China’s Coronavirus Begins to Impact Trade

China has commenced the process of reducing the number of ships calling the city of Wuhan in an effort to avoid the further spread of the Coronavirus, a deadly respiratory infection that first catalyzed in central China last week. A

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French Champagne, Cheeses and Handbags Avoid Tariffs

Additional Section 301 tariffs that were set to be imposed against imports of French champagne, cheeses and handbags (among other products) will no longer take effect. The additional tariffs were originally introduced in retaliation to France’s proposed digital service tax,

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U.S.- China Phase One Deal Set to Lower List 4A Tariffs

Today, Wednesday, January 15th, the U.S. and China officially ratified Phase One of their planned trade deal. The key component of Phase One involves China’s purchase of an additional $200 billion in American exports. At this time, it does not

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USMCA Vote Set to Occur This Week

According to Majority Leader Mitch McConnell, the United States-Mexico-Canada Agreement (USMCA) will be ratified at some point this week. Click HERE to view our previous Shap Flash that provides more detail and insight into the USMCA. Shapiro will continue to

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Blank Sailings Following Chinese New Year 2020

Chinese New Year (CNY) 2020 will commence on Saturday, January 25th.  As usual, it is expected to be accompanied by the typical pre-holiday surge and post-holiday deluge of blank sailings implemented by the carriers. Manufacturing in China will begin to

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REMINDER: List 4A Exclusion Filing Deadline is January 31st, 2020

If your products are impacted by the Section 301 List 4A tariffs, please remember that the exclusion filing deadline is Friday, January 31st, 2020. The official exclusion request portal can be accessed HERE. Please reach out to us at

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USTR Issues Another Round of Product Exclusions for Section 301 List 3 Tariffs

The Office of the U.S. Trade Representative (USTR) announced 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 66 partially excluded subheadings, which cover

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U.S. – Japan Trade Agreement Update

The U.S. – Japan Trade Agreement officially took effect on Wednesday, January 1st, 2020. Per our previous Shap Flash, the Agreement will actively reduce agricultural/industrial tariffs and digital trade barriers between the two countries. In order to receive preferential treatment

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