Container Ship Blocking Suez Canal
Evergreen Marine’s container ship, the Ever Given, has run aground in Egypt’s Suez Canal, causing a backlog of vessels moving on the waterway. In an effort to alleviate additional backlog, Egyptian authorities have reopened an older section of the canal and crews are using tug units to attempt to free the Ever Given. It is unknown how long it may take to free the vessel, which Evergreen Marine has stated was “suspected of being hit by a su [...]Read More
EU (European Union) Section 301 Large Civil Aircraft Tariffs Temporarily Suspended through July 11, 2021
The U.S. Trade Representative has announced a temporary suspension of additional duties on products from the European Union. Suspension of these tariffs are for certain goods entered on or after March 11, 2021 through July 11, 2021. These exclusions were originally imposed on October 9, 2019. On January 6, 2021, additional duties were announced and imposed, specifically 15% on large civil aircraft parts from France and Germany, 25% on other F [...]Read More
China Tariff Exclusions – USTR Extends through September 30, 2021
The U.S. Trade Representative has approved extensions on HTS headings 9903.88.62, 9903.88.63, 9003.88.64 and 9903.88.65 which are modified by extending Section 301 tariff exclusions through September 30,2021 on certain products for 99 medical care and COVID-19 response products from China.
These exclusions were originally due to expire on March 31, 2021.
Please review this list to see if your products are affected. Impo [...]