During the month of February 2019, MIQ Logistics was involved in a number of events throughout the logistics industry. Read industry updates, services offered by MIQ, and events that will be taking place in the February 2019 logistics link.
China Tariffs: Section 301 List 3 Increase Postponed
On February 24, 2019, the President of the United States announced that the increase in tariffs from 10% to 25% on $200 billion worth of Section 301 List 3 imports from China scheduled for March 2, 2019, is being postponed. The tariffs will remain at 10% for the foreseeable future as no new deadline for increasing the duties has been announced. Read more.
Section 301 List 1 Exclusions Being Accepted
U.S. Customs and Border Protection is now accepting entries for products that were excluded from the United States Trade Representative (USTR) Section 301 List 1 Tariffs on certain products imported from China. The exclusions granted thus far, which only apply to List 1 products subject to a 25 percent tariff, are retroactive to July 6, 2018, and will be effective until December 28, 2019. Read more.
Section 232 Automobiles and Auto Parts Report Submitted to President
The U.S. Department of Commerce (DOC) finalized their Section 232 investigation into automotive imports and presented their findings to the President of the United States on February 17, 2019. The president now has 90 days to decide whether to act upon any of the recommendations. Read more.
Exclusion Process For $200 Billion Section 301 List 3 Products Mandated
On February 15, 2019, the President of the United States signed a mini-omnibus bill which requires the United States Trade Representative (USTR) to introduce an exclusion process for Section 301 List 3 products to Congress by March 17, 2019. The tariffs on List 3 products are currently set at 10 percent and are scheduled to increase to 25 percent on March 2, 2019. (Please Note: The List 3 tariff increase has now been postponed. A new date has not been set.). Read more.
Retail Imports Still Strong as Possible March Tariff Hike Approaches
Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. Read more.
January 2019 Manufacturing ISM Report On Business
Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 117th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. Read more.
Transpacific General Rate Increases (GRI), Peak Season Surcharges (PSS), and China Low Sulfur Surcharges (LSF)
Trade Compliance Services
MIQ Logistics Global Trade Compliance Services provide a central point of contact for Customs Brokerage, Duty Consultancy, and overall Global Trade Compliance.
- Accelerated real time information via electronic entry filing and the Automated Customs Environment (ACE)
- Fast processing of bonded shipments, document transmission, and inspection facilitation
- Processing and activation of U.S. Customs continuous bonds
- Importer Security Filing support and management
- C-TPAT gap analysis and certification assistance
- Compliance assessments and audits of current procedures
- Classification and valuation assistance
- Training and policy development
- Custom clearance at any port in the United States
- Bonded warehouses and container freight stations with specialized services
- Internal training and audits that ensure MIQ employees are up-to-date on regulatory changes
- Experts to assist with protests, regulatory research, and trade agreement advice
- Licensed U.S. Customs and Border Protection Customhouse Broker
- TSA air cargo screening compliant
- Automated Export System (AES) certified
- Customs Trade Partnership Against Terrorism (C-TPAT) certified
- U.S. Department of Agriculture (USDA)
- Fish and Wildlife Service
- The Center for Disease Control
- NAFTA and other trade agreements
RILA – Retail Industry Leaders Association
LINK 2019 – The Retail Supply Chain Conference
Gaylord Palms Resort, Booth 1200
February 24 – 27, 2019
Long Beach Convention & Entertainment Center
Long Beach, CA
March 3 – 6, 2019