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Replacing 232 Duties for Steel and Aluminum with Tariff Rate Quota

March 23, 2022.
Logistics Publications, Trade Publications

In late 2021, the U.S. announced that an agreement was reached with the E.U. to replace existing Section 232 duties (25% steel and 10% aluminum) with a new Tariff Rate Quota (TRQ).  The quota allows for limited quantities of eligible EU steel and aluminum products to be entered free of the...

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Overview of US Import and Export Trade Statistics for FY 2021

March 22, 2022.
Logistics Publications, Trade Publications

Import Trade Statistics 2021: Imports Entry summary volume increased by 12.5% from 2020 to 2021, primarily attributed to economic recovery after the Covid-19 lockdowns of 2020. The increase boosted 2021’s numbers well past the last pre-pandemic year on record, 2019, by 3.9%. Total import values increased by 15.7% from 2020 to 2021 as well, with 2021’s values surpassing 2019...

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Free Trade Agreements 2022

March 21, 2022.
Logistics Publications, Trade Publications

Regional Comprehensive Economic Partnership (RCEP) Agreement: The Regional Comprehensive Economic Partnership (RCEP) went into effect on January 1, 2022. The RCEP is currently the largest free trade agreement, with 15 countries as active members. Ten countries entered into RCEP on January 1, including Australia, New Zealand, Brunei Darussalam, Cambodia, China, Japan, Laos, Singapore, Thailand,...

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Rise of E-Commerce Leads to Increased Trade Challenges in Physical and Digital Markets

January 13, 2022.
Logistics Publications, Trade Publications

One effect of the coronavirus pandemic has been a massive growth in e-commerce– as more people were confined inside their domiciles due to lockdowns and other restrictions, they increasingly began to turn to the internet for their shopping needs. The impact of the pandemic on e-commerce is well documented...

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Changes Coming in 2022 to Section 301, Section 201, and AD/CVD Regulations

January 03, 2022.
Logistics Publications, Trade Publications

On January 20, 2022, a coalition of 140 bipartisan U.S. lawmakers sent a letter to the Ambassador of the Office of U.S. Trade Representative, Katherine Tai, requesting immediate approval and implementation of Section 301 exemptions. The lawmakers claimed that failure to do so would irreparably harm US businesses in multiple industries, and...

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The Future of The Global Supply Chain

December 11, 2021.
Logistics Publications, Trade Publications

The COVID- 19 pandemic brought significant challenges for the supply chain, the rapid spread of the virus, the international shootdowns, and the logistic disruptions reduced industrial and transportation activities creating chaos in the global supply chain. Mike Mayran, the director for the Massachusetts Port Authority says, “There was not a...

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Entry Audit

November 30, 2021.
Logistics Publications, Trade Publications

Entry Audit In an environment with changing regulations, the need for import/export transactions to meet compliance requirements is critical to success. Allyn experts review transactions to identify inaccuracies quickly and correct them appropriately. We review 100% of entries to verify the accuracy of transactions (including tariff classification, valuation, and origin...

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2022 Tariff Schedule Will Contain Smartphones, Drones, and More

November 30, 2021.
Logistics Publications, Trade Publications

Starting in 2007 with the rollout of the first iPhone, smartphones have become increasingly integrated into the lives of the global population. A person can use a smartphone to communicate with the people they love, and to troll the people they don’t. They can find love by swiping right,...

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A New Approach to U.S. China Trade Relationship

October 27, 2021.
Logistics Publications, Trade Publications

The U.S. Trade Representative (USTR) has laid out the Biden administration’s new approach to the U.S. trade relationship with China.  With the goal of “creating a level playing field for the American workers, farmers, and businesses”, the administration has spent several months examining...

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Rates Rise for U.S. Shippers by 5.9% for DHL

October 11, 2021.
Logistics Publications, Trade Publications

Due to inflation and an increase in investments, carriers are experiencing higher costs. These higher costs are causing many price hikes for various carriers including DHL and FedEx. Effective January 1, DHL will raise its rates by 5.9% to match the price hike of FedEx. This price increase will include account holders...

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Merchandise Processing Fee (MPF) 2021 Update

October 01, 2021.
Logistics Publications, Trade Publications

Per the CSMS #48938836 Message the US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2021. The minimum merchandise processing fee (MPF) will be increased to $27.75 from $27.23 and the maximum will be raised to $538.40 from $528.33. MPF is assessed by CPB for most imports into the US on...

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Driver Shortage

September 10, 2021.
Logistics Publications, Trade Publications

The transportation industry is highly aware of the truck driver shortage for some time now. The issue is still very relevant and has gotten worse within the past few years. A recent article stated that “in 2018 the trucking industry was short about 60,800 truckers, a shortfall that is expected to...

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