Ascent Global Logistics Blog

July 9, 2019

Q2 International Trade Recap

Q2 2019 brought many updates to tariffs, regulations and more in the international trade industry. We’ve compiled a recap of all of the must-know trade updates for importers and exporters as we embark on Q3.

June 24, 2019

S301 List 3 Tariff Exclusion Requests

According to a notice issued by the Office of the United States Trade Representative last week, requests for S301 List 3 exclusions may be submitted between June 30, 2019 and September 30, 2019 through the USTR website, which will be available on June 30.

June 12, 2019

Mexico Tariffs Suspended “Indefinitely”

The proposed additional five percent tariffs on goods from Mexico that were set to go into effect on June 10, 2019 have been “indefinitely suspended” due to a deal between the U.S.

June 4, 2019

India Removed from Generalized System of Preference (GSP)

Under Executive Order 11888 of November 24, 1975, President Gerald Ford designated India as a beneficiary developing country for the purposes of Generalized System of Preference (GSP), an action afforded by The Trade Act of 1974.

May 8, 2019

Tariff Updates: S232, S301 & GSP

S232 – Steel & Aluminum Tariffs (Worldwide Application)

S232 tariffs were ruled constitutional in March of this year by the Court of International Trade. With this ruling, the S232 tariffs are expected to continue into the foreseeable future.

May 6, 2019

TARIFF ALERT: S301 List 3 Tariff Rates Could Increase to 25%

On Sunday, May 5, the Administration announced that List 3 of the S301 tariffs, which are currently at 10% on $200 billion of Chinese imports, will be increasing to 25% effective Friday, May 10, 2019. 

April 9, 2019

International News Bulletin: Panama Canal Authority (ACP) Imposes New Draft Restrictions

The Panama Canal Authority (ACP) imposed a draft restriction of 47 feet in mid-March. ACP plans to impose a more severe limit on April 11, 2019. This will directly impact the size and number of TEUs that will be available for loading through the Panama Canal.

April 1, 2019

INTERNATIONAL TRADE UPDATE: Potential Delays At US-Mexico Border

Last week, US Customs and Border Protection (CBP) Commissioner Kevin McAleenan announced that CBP will reassign up to 750 officers from ports of entry along the US-Mexico border. These officers will assist US Border Patrol with processing an increased number of migrant crossings.