Ascent Global Logistics Blog

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.

August 20, 2019

How to Navigate TFTEA and NAFTA Regulations During the Duty Drawback Process

The Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA) is an authorization of CBP’s trade authority and was enforced to create an environment for fair, honest and competitive trade in the United States.

August 13, 2019
Container ship aerial view at port

4 Key Tips for Filing Duty Drawback

Duty drawback can be a great opportunity for companies to save on duties, but to utilize it to its full extent it is necessary to understand the intricacies of the program.

August 7, 2019

List 3 Product Exclusions

On August 5, 2019 the USTR (United States Trade Representative) announced that product exclusions have been approved for S301 List 3 duties. The product exclusions are broken into ten new product-specific descriptions such as certain plastic containers, pet cages, shopping carts and inflatable kayaks and boats.

August 1, 2019

Compliance Circular: August 2019

Over 1,200 members of the trade community including importers, exporters, customs brokers, forwarders, carriers and various supporting businesses descended on Chicago July 22-24, 2019 to hear from the top leadership of the U.S.

July 31, 2019

NMFC Changes Effective August 24, 2019

Supplement 2 from the Commodity Classification Standards Board (CCSB) was posted on July 25, 2019. This notice lists various changes to National Motor Freight Classification (NMFC) standards and packaging rules that will go into effect on August 24, 2019.

July 18, 2019

Duty Drawback: A 101 Guide

Duty drawback is a Customs and Border Protection (CBP) program where companies are refunded up to 99% of customs duties, taxes and/or fees that were previously levied upon imported merchandise, and of internal revenue taxes paid on domestic alcohol as well as other excise taxes.

July 17, 2019

PierPASS Rate Increase

PierPASS was established as a not-for-profit company in Los Angeles/Long Beach in 2005 with a goal of addressing multi-terminal congestion issues. The terminals began to have peak hours and non-peak hours, which helped the flow of trucks coming into the ports to pick up containers.

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.