Ascent Global Logistics Blog

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.

June 3, 2019

Compliance Circular June 2019

One of the busiest travel seasons has arrived, with travelers preparing to take trips that will have them transiting through airports both domestically and internationally, as well as crossing various international borders and possibly interacting with different customs officials.

May 15, 2019
Cargo container ship docked at port at night

Compliance Circular May 2019

The Ocean Shipping Reform Act of 1998, which amended the Shipping Act of 1984, went into effect on May 1, 1999. This shipping act combined non-vessel operating common carriers (NVOCC) and ocean freight forwarders under one category labeled “ocean transportation intermediary” (OTI). 

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
Cargo containership making waves in the ocean with blue sky

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 4, 2019

NMFC Changes Effective April 27, 2019

Supplement 1 from the Commodity Classification Standards Board has been posted. This notice lists various changes to NMFCs and packaging rules that will go into effect on April 27, 2019.

April 4, 2019

What Importers Need to Know About TSCA and Wood Products

Importers must provide documentation certifying compliance with the Toxic Substances Control Act (TSCA) when importing composite wood products into the United States. Here’s what importers need to know about TSCA and imported wood products.

April 2, 2019
Container ship idle at a port in ocean with view of sky

S301 List 3 Tariff Rate Increase Postponed “Until Further Notice”

The office of the United States Trade Representative (USTR) recently issued a notice, officially “postponing” the tariff rate increase “until further notice.” S301 List 3 tariffs will remain at 10 percent instead of increasing to 25 percent.

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