Assessment fee on imported cotton jumps by 11%

The supplemental assessment fee on imported cotton is set to increase by more than 11% as of October 16, 2023 through a new Final Rule issued by the U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) The rule will increase the supplemental assessment on imported cotton from $0.013215 per kilogram [...]

By |2024-01-30T23:35:57+00:00January 30, 2024|Imports, Tariffs|0 Comments

Revisions proposed for Section 232 Steel and Aluminum Tariff Exclusions

The Bureau of Industry and Security (BIS) is proposing a new rule to revise the process for requesting exclusions from the duties and quantitative limitations on imports of aluminum and steel under Section 232 of the Trade Expansion Act. The proposed rule includes the following changes: Clarification of the criteria [...]

By |2024-01-30T23:35:57+00:00January 30, 2024|Tariffs|0 Comments

CBP to begin collecting import fees on pecans and Christmas trees

U.S. Customs and Border Protection (CBP) will begin collecting import fees on pecans and Christmas trees on Nov. 5 after the issue that had been preventing the fee updates in ACE CERT has been resolved. The impacted tariffs are as follows: Pecans 0802991000 – In-shell pecans ($0.2 per pound) 0802991500 [...]

By |2024-01-30T23:35:48+00:00January 30, 2024|Tariffs, U.S. Customs|0 Comments

Government Invests More Than $653 Million in Ports to Strengthen U.S. Supply Chains

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the country under the Port Infrastructure Development Program (PIDP). This funding will help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant portion [...]

By |2024-01-30T16:36:17+00:00January 30, 2024|Shipping, Supply Chain, Tariffs|0 Comments

Panel rules in favor of Canada in U.S.-Canada dairy trade dispute

A recent USMCA ruling seems to have put an end to the long-running dispute between the U.S. and Canada over tariffs on dairy imports. The USMCA dispute panel determined that Canada had not acted unreasonably, and under the U.S.-Mexico-Canada Agreement, Canada has the right to maintain tariff rate quotas (TRQs) [...]

By |2024-01-30T16:31:39+00:00January 30, 2024|Tariffs|0 Comments

AGOA changes announced for Jan. 1, 2024

President Biden has announced that effective Jan. 1, 2024, the U.S. will reinstate African Growth and Opportunity Act (AGOA) trade preference program benefits for Mauritania, and terminate benefits for four countries: Gabon, Niger, the Central African Republic, and Uganda. The AGOA provides duty-free treatment to goods of designated sub-Saharan African [...]

By |2024-01-30T16:29:54+00:00January 30, 2024|Imports, Tariffs|0 Comments