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tariffs

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Container Cargo ship and Cargo plane with working crane bridge in shipyard background, logistic import export background and transport industry.

January 29, 2020/

President Trump has announced new tariffs on steel and aluminum derivative products at 25% and 10% respectively. While the initial tariffs on the raw materials impose in March 2018, these new tariffs will cover approximately $500 million in goods....

US and China sign Phase One agreement

January 21, 2020/

On January 15, 2020 President Trump and Vice Premier Liu He signed the preliminary “Phase One” agreement, culminating more than a year of negotiations, tariff increases and dead ends. The agreement sees Chinese purchases of US Agriculture in exchange...

Two businesspeople handshake after good deal in front of an american and chinese flag

October 29, 2019/

We have written before about state of negotiations between the US and China regarding the ever escalating tariffs developing. While there was good news about a so-called “Phase 1” deal that would offer importers and exporters from both countries...

Final tariff hike may not happen

February 24, 2019/

For months, logistics professionals have been concerned with the impending tariff hike on goods coming from China. Though they were supposed to start on January 1st, President Trump delayed them as talks between the two nations shows promise. The...

China duties delayed until March

December 19, 2018/

On Friday, December 1, 2018 President Trump declared that the impending bump to 25% duties on the third list of Chinese tariffs would be postponed for 3 months moving the implementation date to March 2, 2019. The delay in...

Update on Chinese import tariffs

July 23, 2018/

On July 10th, the US Trade Representative announced the third list of HTS numbers that will be hit with penalties on imports from China. The escalating trade war between the United States and China continues to flare up around...

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