On Wednesday, January 15, 2020, the United States and China signed a phase one trade agreement which will open Chinese markets and increase sales of U.S. goods and services to China. The largest portion of the agreement focuses on Chinese purchases.
News / 2020
Source: National Retail Federation Press Release – January 10, 2020
After a year of fluctuations driven by the uncertainty of the trade war with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
On Monday, January 6, 2020, the United States Trade Representative (USTR) office released a new list of product exclusions to the Section 301 List 3 products currently subject to a 25% tariff in the Federal Register Notice 85 FR 549 .
Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
During the month of December 2019, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates, industrial manufacturing supply chain solutions, and careers at Noatum Logistics USA in the December 2019 logistics link.
On December 23, 2019, the United States Trade Representative (USTR) issued a Notice of Product Exclusion Extension extending, for one year, 6 of the 31 exclusions originally issued on the first list of Product Exclusions: December 28, 2018. Only the 6 item exclusions listed below will be extended for one year. The remaining 25 item exclusions have expired.