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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…
ACE Mandatory Usage Effective July 23rd US Customs and Border Protection (CBP) announced that effective July 23rd, 2016 Automated Commercial Environment (ACE) will be the sole CBP authorized EDI system for the electronic entry and entry summary filings for all…
U.S. Customs and Border Protection (CBP) and the Office of the U.S. Trade Representative (OTR) are working to restructure the Merchandise Processing Fee (MPF) due to the Trans-Pacific Partnership (TPP). Further information has been provided regarding the proposed plan for…
Sadie Keljikian, Express Trade Capital Two weeks ago, President Obama signed H.R. 644, or the Trade Facilitation and Trade Enforcement Act of 2015. The Act includes supplemental provisions to international trade agreements including the recent Trans-Pacific Partnership. The Act provides…
As per U.S. Customs and Border Protection (CBP), those manufacturing goods in West Bank must ensure that all goods produced in West Bank or Gaza Strip are marked correctly. Goods entering the U.S. from these locations must abide by these…
U.S. Customs and Border Protection (CBP) has entered the third phase of its renewed Generalized System of Preference (GSP) Retroactive Refund Processing. The system was enacted on July 29th, 2015 and remains in effect through December 31, 2017. During the third phase, importers…