Insights

Trade Publications

New USA Import Tariffs for Mexico will begin June 10, 2019

June 07, 2019.
Trade Publications

On May 30, 2019 President Donald Trump issued a statement declaring that there will be a 5% Tariff on all goods imported from Mexico, starting June 10, 2019. The president has stated that if the immigration crisis persists and the Mexican government does not act to limit the amount of nondocumented immigrants entering the USA...

The Belt and Road Forum Aims for a Better World

June 07, 2019.
Logistics Publications, Trade Publications

The Second Belt and Road Summit forum was held in Beijing to discuss Chinese President Xi Jinping’s signature infrastructure project that began in 2013 to rebuild ancient trading routes across Eurasia. When Xi Jinping visited Central Asia and Southeast in September and October of 2013, he raised the initiative of...

Trucks from Mexico Face Prolonged Delays

June 02, 2019.
Trade Publications

Imports from Mexico represent about 15% of the total imports into the United States. In fact, in 2018 alone, there were over 6 million truck entries into the US from Mexico, averaging out to over 17,000 truck entries per day. Companies on both sides of the border have come to rely on smooth and...

Trump to Increase Tariffs on Imports From Mexico

May 31, 2019.
Trade Publications

On May 30th, in order to address immigration issues on Southern Border, President Donald Trump announced a tariff increase on all goods from Mexico. The rate increase will start on June 10, and the rate will get progressively higher every month if the immigration crisis persists. On June 10...

Say Goodbye to your EX (Works) - Proposed changes in Incoterms 2020

May 02, 2019.
Trade Publications

Since 1919 the International Chamber of Commerce (ICC), has been committed to the facilitation of international trade. With the different practices and legal interpretations between traders across the globe, it was vital to establish a set of guidelines; thus, the first set of incoterms came to be in 1936. Since the inception...

2019 Toxic Substance and Chemical Act (TSCA) Changes

April 30, 2019.
Trade Publications

The Toxic Substance and Chemical Control Act of 1976 addresses the “production, importation, use, and disposal of specific chemicals including polychlorinated biphenyls (PCBs), asbestos, radon and lead-based paint.” In 2016, the Customs and Border Protection and the U.S. Environmental Protection Agency (EPA) proposed changes to...

U.S. and China Tariff Hikes are Yikes

April 16, 2019.
Trade Publications

After months of speculation and debates, the negotiations between two powerhouse countries, the U.S. and China, seem to be heading towards a deal. The road to a deal has not been an easy one for either economies. At the beginning of 2018, the Trump administration initiated the tariff battle...

U.S. China Trade Talks Makes Progress

April 01, 2019.
Trade Publications

New progress on trade and economic issues had made in the eighth round of high-level economic and trade consultations, headed by United States Trade Representative Robert Lighthizer on the US side, on March 28 in Beijing. The two sides discussed "relevant texts of agreement" during the two-day talks, co-chaired by Chinese...

The Time is Ticking, How Do Other Countries View the Brexit Vote?

March 25, 2019.
Trade Publications

The tensions of the Brexit deal are starting to escalate, and the ripples can be seen throughout the world. The Brexit final vote is reaching its ultimatum on March 29th. If no deal is struck, Britain will have full control of its borders and new trade deals will need to...

Tariff Hikes Postponed Indefinitely

March 05, 2019.
Trade Publications

Per the Federal Register Volume 84, Number 43 (Tuesday, March 5, 2019), the U.S. Trade Representative (USTR) has postponed the date of which duty rates will increase to 25% for items covered by section 301 list 3. The rate will remain at 10% until further notice. This postponement comes in advance of a speculated late March 2019...

ISF-5 Enforcement Begins March 15, 2019

February 22, 2019.
Trade Publications

Liquidated damage claims for ISF-5 violations were to be enforced by CBP starting on January 21, 2019. However, due to the government shutdown and accompanying funding lapse, the implementation was delayed. CBP outlines the enforcement in Cargo System Message CSMS #19-000063. Stating that: CBP is ending its delayed enforcement period for ISF-5...

Postponement of ISF-5 Enforcement

February 14, 2019.
Trade Publications

Liquidated damage claims for ISF-5 violations were to be enforced by CBP starting on January 21, 2019. However, due to the government shutdown and accompanying funding lapse, this has been postponed until at least March 1, 2019. CBP outlines this postponement in Cargo System Message CSMS #19-000011. ISF-5 is mainly for Freight Remaining Onboard ...