On September 3, 2019, a Federal Register notice was published, stating that due to the ongoing challenges being addressed between the governments of the United States and China, Tranche 1, 2 and 3 would be increasing from 25 percent to 30 percent, effective October 1, 2019.
Please note that Hurricane Dorian’s landfall continues to impact port, rail and over-the-road operations across the Southeast. Below are the latest updates:
Please note that Hurricane Dorian’s landfall is impacting port, rail and over-the-road operations across the Southeast. Below are the latest updates:
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.
The highly anticipated Federal Register notice was published today, confirming that “List 4A” of the S301 will go into effect on September 1, 2019 at the rate of 15 percent for the products of China covered by the $300 billion tariff action.
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.
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.
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.