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Overall Market Conditions: China officials have extended the Spring Festival Holiday until after February 2. The length of the extensions may vary depending on the location. Shanghai has extended until February 10, while others until February 14 or longer. As…
Carli Valinoti, Express Trade Capital After months of negotiation, the US and China have announced that they have come to an agreement on trade. The US will cut the current taxes on $120 billion of Chinese goods from 15% down…
By: Carli Valinoti – Express Trade Capital, Inc. It’s not uncommon in today’s retail market that large companies who have been around for years are forced to file for bankruptcy. With growing competition from online retailers, including Amazon, stores have…
After meeting with Vice Premier Liu He of the People’s Republic of China, President Trump announced in a news release on October 11, 2019 that the duty increase from 25% to 30% on List 1, 2, and 3 products would…
Important Upcoming Information Due to the upcoming Jewish/Federal holidays, some of our financial institutions will be closed or have limited staff/limited funding on October 9 and October 14. Please contact your account officer accordingly during this time frame. We greatly…
Carli Valinoti, Express Trade Capital President Trump has announced plans to impose 5 percent tariffs on all goods imported from Mexico, rising to as high as 25 percent until – according to the White House – the Mexican government stems…
Sadie Keljikian, Express Trade Capital The President issued Proclamation 9887 on May 16th, entitled To Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974. The proclamation indicates the termination of Turkey’s status as a beneficiary developing…
Sadie Keljikian, Express Trade Capital Per last week’s announcement, the White House has raised existing tariffs on $200B worth of Chinese imports from 10% to 25% and is now threatening new tariffs of up to 25% on an additional $300B worth of Chinese imports as part of its ongoing trade war with China. The latest list targets a wide variety of goods, including apparel,…
Sadie Keljikian, Express Trade Capital Due to delays in establishing a trade deal between the US and China, the President unofficially announced plans to raise the trade remedy tariff from 10% to 25% effective Friday. This will seemingly apply to…
Express Trade Capital has been a proud member of the Plant Based Foods Association since last year. We at ETC take our responsibility to the planet very seriously and are proud to support businesses and organizations that share our passion…