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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…
Business owners who rely on China’s abundant manufacturing facilities and low production costs may be in for a massive challenge. The ongoing trade war the US government has waged with China may not end by March, meaning more potential tariffs…
Sadie Keljikian, Express Trade Capital The current government shutdown is the subject of nation-wide distress for myriad reasons. Sources are reporting that the shutdown, which is officially the longest in US history, has delayed public services like tax refunds, food,…
Results of a GSP review have just been published as Presidential Proclamation 9813. This announcement lists changes to select products and countries. The GSP status of these identified articles is effective for goods entering on/after November 1, 2018. If you…
In another move to crack down on problematic export practices, the US Trade Representative (USTR) has raised tariffs on certain products made in China to 25% ad valorem. Full details on the new tariffs are available in the Supplemental Action Notice released…
The Agricultural Marketing Service has released a statement announcing that it plans to raise the “cotton fee” applied to imported cotton goods from $0.011510 to $0.011905 per kilogram. Adjustments to the fee occur regularly to ensure that assessments collected on…
Sadie Keljikian, Express Trade Capital The president has released yet another tariff-imposing proclamation. The latest in a series of recently implemented “trade remedy tariffs”, the new proclamation will impose a 50% tariff on steel mill products from Turkey and will…
Sadie Keljikian, Express Trade Capital President Trump’s promised trade war has begun and it doesn’t look like there will be any winners. Earlier this year, Trump imposed a series of new import tariffs on goods made outside the US, particularly…
Express Trade Capital is pleased to announce the latest in our growing selection of innovative financing services with Trade Protection Financing. We will use a combination of specialized credit enhancements, along with preferred pricing structures, to offset any potential tariff…
Sadie Keljikian, Express Trade Capital The following is an update on recent tariff adjustments on steel, aluminum, and Chinese-made products. Steel and Aluminum Products: Several Presidential Proclamations signed in March 2018 have collectively implemented Section 232 of the Trade Expansion…