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News

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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Retail Imports to See Surge Ahead of December Tariffs

Source: National Retail Federation Press Release October 9, 2019

Imports at the nation’s major retail container ports are expected to hit their highest level of the year again next month, just before more tariffs take effect in December, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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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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September 2019 Manufacturing ISM® Report On Business®

Source: Institute for Supply Management October 1, 2019

Economic activity in the manufacturing sector contracted in September, and the overall economy grew for the 125th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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September 2019 Logistics Link

During the month of September 2019, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates, a case study, events, and careers at Noatum Logistics in the September 2019 logistics link.

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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.