President Trump Announces Two Week Delay on Next Tariff Increase
As previously reported tariffs on $250 billion worth of Chinese goods were scheduled to rise to 25% from 30% on October 1. This deadline has now been pushed back. Through a couple of tweets on September 11, 2019, President Trump announced he will delay from October 1 to October 15 the planned increase from 25% to 30% on List 1, 2 and 3 imports from China. This announcement comes as the result of China’s announcement earlier that day [...]
Read MoreRenegotiating Selling Price in Response to Tariff Increases – How you can Minimize the Impact of Additional Tariffs
Due to recent increases in tariffs a number of foreign suppliers have been willing to renegotiate their selling price to at least partially compensate for the additional cost of the goods they manufacture. A reduction of the cost of goods translates into a reduction of duty you pay. Depending on your relationship with your supplier, and the type and volume of goods you purchase from that supplier, it may be beneficial for you to request a l [...]
Read MorePresident Trump to Increase Existing Tariffs – Again – on Chinese Goods
On August 23, 2019 President Trump, in retaliation against China’s latest tariffs on U.S. products, tweeted “Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%...” He went on to add that the remaining $300 billion of goods and products from China that were slated for 10% tariff as of September 1, 2019 and December 15, 2019 will now increase to 15%. [...]
Read MoreCertain Customs User Fees Increase Effective October 1, 2019
Customs and Border protection has announced by way of the Federal Register that certain User Fees will be increased effective October 1, 2019. Although some of these increases will affect you directly, you should also be aware of those increases that may affect your costs indirectly, such as shipping and transportation increases to your carriers. Importers should be particularly aware that Minimum and Maximum Merchandise Processing Fee [...]
Read MorePresident Trump to Delay 10% Tariff on Certain Items
Earlier this month President Trump announced the latest round of additional 10% tariff (List 4) on $300 billion of Chinese products that would go into effect on September 1, 2019. Yesterday the White House announced it will delay that tariff on certain items only to December 15, 2019 – breaking down the List 4 products into two parts. The first list, List 4A, will move forward as planned for the September 1, 2019 effective date. L [...]
Read More10% Tariff on All Remaining Chinese Goods to Begin September 1, 2019
On August 1st, President Trump tweeted that on September 1, 2019, the U.S. will impose a “small additional Tariff of 10%” on all remaining imports from China. This additional tariff is a result of the administration’s determination that China is not making good on their promise to purchase U.S. agricultural products as well as stop the sale of Fentanyl into the U.S. It is reported that the $300 billion of products covered by this tariff [...]
Read MoreHave you had problems with moisture damaging your overseas shipments?
Through a business associate, C J was recently introduced to a company with a product that can assist with the problem noted below. If you are experiencing a moisture problem in your shipments (domestic or foreign), please contact Jason Combs, C J's corporate transportation coordinator. He will put you in direct contact with a representative of the product / company. If you have any problems or issues with land, sea or air transportation, whe [...]
Read MoreAdditional Tariffs on Chinese Goods on Hold
After meeting with Chinese President Xi at the G-20 leaders’ summit in Japan, President Trump made the decision to put off any new tariffs on imports of Chinese products. On Saturday June 29, 2019, he tweeted that he “had a great meeting with President Xi of China yesterday, far better than expected. I agreed not to increase the already existing Tariffs that we charge China while we continue to negotiate…” The U.S. wi [...]
Read MoreGSP Eligibility to be cancelled for India and Turkey
As previously reported, a Press Release was issue on March 4th indicating termination of GSP privileges for India and Turkey was set to expire in 90 days.
Goods entered or withdrawn from Turkey and India on or after June 5th will no longer be eligible for GSP.
As stated in the Presidential Proclamation:
“Any merchandise from India or Turkey subject to the safeguard measures implemented by Proclamation 9693 and Proclama [...]
Counterfeit Goods
With the rise of E-commerce there has been a corresponding rise in the importation of counterfeit goods into the United States. Regulatory government agencies, including Customs and Border Protection (CBP), are discussing ways to enhance enforcement in this area.
The original General Accounting Office (GAO) report discusses the rise of imports of counterfeit goods and the need to increase enforcement efforts to halt this incre [...]