Trade Compliance

Commerce Blacklists 28 Chinese Entities Over Human Rights Issues

Posted October 09, 2019

Under International Trade Issues, Trade Compliance News, U.S. Customs Issues

In another action sure to escalate tensions between the United States and China, the Trump administration moved earlier this week to block American companies from exporting high-tech equipment to eight Chinese firms whose products are allegedly being used in the video surveillance of Muslim minorities in western China.  Continue Reading

U.S. China Trade War Enters New Phase With Imposition of Tariffs on Consumer Goods

Posted September 02, 2019

Under Trade Compliance News, U.S. Customs Issues

A new round of punitive tariffs imposed by the United States and China took effect on Sunday in the latest escalation of their 14-month trade war, which some view as entering a new phase now that American consumers are expected to start seeing rising prices for a lot of daily necessities and household budget items.  Continue Reading

Trump on Trade & Tariffs: Separating Fact From Fiction

Posted August 27, 2019

Under International Trade Issues

Looking to make sense of recent moves by the administration and some of the more contentious pronouncements made lately by President Trump concerning various trade and economic issues that have roiled markets, left investors on edge, and economists scratching their heads, a freelance business journalist looks to sort fact from fiction...  Continue Reading

USTR Announces Latest Increase of Section 301 China Tariffs

Posted August 26, 2019

Under Trade Compliance News

In response to China’s recent imposition of “unjustified” retaliatory tariffs on $75 million worth of U.S. exports, President Trump has instructed the U.S. Trade Representative “to increase by 5% the tariffs on approximately $550 billion worth of Chinese imports.”  Continue Reading

Effects of the U.S. China Trade War Becoming a Currency War

Posted August 20, 2019

Under GHY International, Logistics & Supply Chain Management

Earlier this month, the U.S. Treasury Department declared China a “currency manipulator” after the yuan fell above the pivotal 7 to the U.S. dollar benchmark. That was viewed by many as a major escalation in the increasingly bitter trade dipute between Washington and Beijing. But what does it mean in practical terms for importers?  Continue Reading

Act Now to Secure Refunds on Goods Excluded From Section 301 China Tariffs

Posted August 16, 2019

Under International Trade Issues, U.S. Customs Issues

In view of current developments in the US-China trade conflict, importers should be factoring the Trump administration’s Section 301 tariffs on most Chinese imports into their longer-term outlook and doing everything possible meanwhile to ensure these surtaxes are being mitigated to fullest extent possible.  Continue Reading