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News / Supply Chain Alerts

Generalized System of Preferences (GSP) Updates

On October 25, 2019, the United States Trade Representative (USTR) office announced GSP Enforcement Actions effecting seven countries as follows:

Thailand: GSP eligibility will be revoked for approximately one-third of Thailand’s GSP trade which totaled $4.4 billion in 2018. This enforcement action, which will take effect April 25, 2020, is being taken because Thailand has not taken steps to provide internationally recognized worker rights in several important areas such as providing protections for freedom of association and collective bargaining. The list of products to be excluded from GSP for Thailand are focused on products for which the United States is a relatively important market for Thailand. A complete list of products to be excluded from GSP for Thailand is available here:  Thailand Excluded GSP Products.

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China Tariffs: Additional List 3 Exclusions Announced

On Monday, October 28, 2019, 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 84 FR 57803.

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USTR Releases China Tariffs List 4a Exclusion Process

On Sunday, October 20, 2019, the U.S. Trade Representative (USTR) published the procedures  for requesting the exclusion of particular products from the Section 301 List 4a tariffs against China. The procedures will be effective beginning Thursday, October 31, 2019.

Exclusion Information Required by USTR

USTR is seeking specific information, data and the rationale for the requested exclusion. To submit an exclusion request, requesters must first register on the portal at https://exclusions.ustr.gov/s/login/, which will open at noon EDT on October 31, 2019.

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China Tariffs Increase Suspended

On Friday, October 11, 2019, the United States Administration announced a Phase 1 interim deal with China. The Phase 1 deal with China will require China to purchase U.S. agricultural products and set a currency standard for the China renminbi. It will also strengthen protections of U.S. intellectual property rights and provide access to Chinese markets for U.S. financial services firms. The United States will suspend the increase in tariffs from 25% to 30% on $250 billion worth of Chinese imports which was scheduled to take effect on October 15, 2019.

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EU Tariffs: Additional Tariffs on $7.5 Billion of European Union Goods

On Wednesday, October 2, 2019, the United States Trade Representative (USTR) office issued a press release in response to a World Trade Organization (WTO) finding that $7.5 billion in subsidies provided to Airbus by the European Union (EU) have “seriously injured” the United States (U.S.) aerospace industry. As a result of the findings, the U.S. will place WTO-approved tariffs on EU goods.

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China Tariffs: More Exclusions Announced for Lists 1 and 2

On Friday, September 27, 2019, the United States Trade Representative (USTR) office released two notices of product exclusions to the Section 301 List 1 and 2 products currently subject to a 25% tariff as follows:

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China Tariffs: USTR Releases Product Exclusions for Lists 1, 2, and 3

On Tuesday, September 17, 2019, the United States Trade Representative (USTR) office released three notices of product exclusions to the Section 301 List 1-3 products currently subject to a 25% tariff as follows:

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Houston, TX Office Re-opened Today – Friday, September 20

The Noatum Logistics USA Houston office, located at 8575 Volta Dr, Suite 400, Humble, TX, re-opened today, Friday, September 20. The office is operating with a limited staff.

Clients should continue to expect delays due to flooding and power outages in surrounding areas resulting from Tropical Depression Imelda.

For more information, please contact your local Noatum Logistics USA representative.


Houston, Texas Office Closure Due to Storm

Due to the severe flooding and power outages resulting from Tropical Depression Imelda, the Noatum Logistics USA Houston office located at 8575 Volta Dr, Suite 400, Humble, TX 77338 is closed today, Thursday, September 19. Clients should expect delays due to the storm.

At this time, we are planning to re-open the Houston office as soon as weather conditions permit. We are closely monitoring the situation and will provide updates as necessary in the News and Expertise section on our website homepage.

For more information, please contact your local Noatum Logistics USA representative.

 

 


China Tariffs Increase Delayed

On Wednesday, September 11, 2019, the president of the United States announced that “as a gesture of good will” the United States will delay the 5% increase in tariffs on $250 billion worth of Chinese imports originally scheduled for October 1, 2019. The increase is now scheduled for October 15, 2019.

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