Originally published by the Journal of Commerce in September 2019
As we continue to be engulfed by the ever changing landscape of the China 301 tariffs, a bit of fresh air – meaning other topics – were actually discussed as a recent trade event. The Foreign Trade Association hosted a program in Los Angeles at
Today (September 11, 2019), President Trump announced a short reprieve for goods on Lists 1, 2 and 3. The 301 tariff on those Chinese goods will still rise from 25% to 30%, but now instead of that happening on October 1, 2019, the effective date will be October 15, 2019. The stated reason for the
Originally published by the Journal of Commerce in July 2019
Much to the surprise of many American companies, my cost is going to go through the roof with a 25% tariff and price my products out of the market is not enough of a justification for an exclusion request to be granted. It was not
It has been a busy year in Canada for export controls and economic sanctions developments. As a result, we are posting an H1 2019 report. The top 10 developments in H1 2019 are:
1. Canada will implement the brokering rules on September 1, 2019. Bill C-47 “An Act to amend the Export and Import Permits
On June 21, 2019, the Government of Canada announced that it was implementing/imposing economic sanctions against nine Nicaraguan officials in response to ongoing gross and systematic human rights violations by the Government of Nicaragua. The economic sanctions and trade restrictions were imposed under the Special Economic Measures Act. Similar sanctions were imposed by the
Putting all the hyperbole and posturing to one side, the recent agreement between Mexico and the U.S. which averted the tariffs can be found in the U.S.- Mexico Joint Statement released June 7, 2019. It consists of a few broad policy statements:
Agriculture Secretary Perdue recently stated the trade damages to be addressed in a new round of farm aid is $15 to $20 billion! The general press is replete with stories about how, as these tariffs continue, companies are making sourcing changes that will be hard to reverse. So, what is the latest news?
First, there
For the most up to date details about the China 301 tariffs and how they apply to the goods on List 3 and the possibly soon to be published List 4,plus the state of China’s retaliatory tariffs, please see https://blogmsk.com/2019/05/14/tariff-turmoil/.
In our May 9, 2019 “Talking Trade” Periscope broadcast, we made the point that the wording in the China 301 tariff notice left confusion which needed to be cleared up, and now, it has been. As is common knowledge, the 10% tariff on the goods on List 3 or Traunch 3 went up to 25%
Originally published by the Journal of Commerce in May 2019
Were crimes committed? Was the President saved by the inaction of his own staff? Did he stay on the right side of the law? Was there obstruction of justice? These and other serious topics are the source for heated discussions around water coolers, at your