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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…
Sadie Keljikian, Express Trade Capital A collection of the largest global retailers have written an open letter to President Trump following his move to impose tariffs on $60 billion in exports from China. Since his campaign, Trump has expressed frustration…
Peter Stern, Express Trade Capital As widely reported in the press, President Trump announced plans to implement raised duties on steel and aluminum using a pre-existing but rather obscure provision. Section 232 permits the President to impose tariffs or quotas…
Sadie Keljikian, Express Trade Capital In the latest round of speculation about Donald Trump’s upcoming presidency, several sources are debating the likelihood of a future trade war with China. Wall Street has been generally pleased with Trump’s campaign promises to…
Sadie Keljikian, Express Trade Capital The International Chamber of Shipping, or ICS, is predicting how Brexit might impact shipping. The United Kingdom’s recent vote to leave the European Union will undoubtedly change international relations in Europe and elsewhere, but ICS secretary…