Ascent Global Logistics Blog

January 17, 2020

Tariffs on Section 301 List 4A Goods to Lower on February 14, 2020

On January 16, 2020, the United States Trade Representative (USTR) announced the reduction of the additional tariff on Section 301 List 4A goods from 15 percent to 7.5 percent, beginning at 12:01 AM on February 14, 2020.

January 16, 2020

USMCA Passed; Phase One Trade Agreement Signed

Phase One Trade Agreement Signed

In a historic moment, a Phase One Trade Agreement was signed on January 15, 2020, between China and the United States, shining a positive light on the ongoing trade war between the two economic powerhouses.

January 9, 2020

How to Navigate International Shipping This Chinese New Year

This year, the Chinese New Year (CNY) holiday is starting early and will occur from January 24 through January 30. It’s not surprising that as the world’s number one exporter celebrates its major holiday, shipping delays can be expected, in some cases, even weeks after the holiday ends.

December 18, 2019

What’s the Next Move in the Tariff Game?

Each week, the trade community watches the giant chess match between China and the United States, seeing who will make the next move, who will potentially “win” the match or if the game will end in a draw.

November 13, 2019

How Tariffs Could Impact Import Volumes and Gift Prices This Holiday Season

If you are one of the many shoppers looking for deals this holiday season, prices may be higher than expected due to new tariffs on imported goods. These tariffs are likely to impact both import shipping volumes and prices of goods throughout this holiday season.

November 4, 2019

Insuring Overseas: Your Guide to International Cargo Insurance

Trading globally involves risks, but having international cargo insurance is one of the best ways to offer peace of mind to both the buyer and the seller. Ascent Global Logistics wants your shipments to be monetarily safeguarded against physical loss or damage while in transit.

October 25, 2019

Incoterms 2020 Explained

The International Chamber of Commerce (ICC) has recently published its new version of Incoterms 2020. The Incoterms rules help individuals and companies that participate in the import and export of global trade on a daily basis.

September 3, 2019

Compliance Circular: September 2019

With varying regulations governing the disclosure (Freedom of Information Act) or confidentiality (Department of Homeland Security) of certain records, it can sometimes be challenging to know who can have access to what information in the international world of trade.

August 27, 2019

Section 301 Tariff Update: Increases Announced for List 3 and List 4

In an announcement on Friday, August 23, 2019, the USTR (United States Trade Representative) advised that Section 301 List 3 tariffs will be increasing from 25 percent to 30 percent effective October 1, 2019, following a notice and comment period.