The U.S. Trade Representative (USTR) recently announced that it has finalized the second list of tariff codes, covering an estimated $16 billion in Chinese imports, that will be subject to an additional 25% duty rate. CBP will begin collecting these tariffs starting on August 23, 2018. The USTR also announced that it is extending the public comment period on the third list of tariff codes, covering approximately $200 billion in Chinese imports, that would have been subject to an additional 10% duty. In response to President Trump’s recent request that the additional duty rate be raised to 25%, the USTR has extended the public comment period to accept feedback on this potential increase. The comment period will now be extended to September 6, 2018.
Joiner Law Firm is proud to participate in the Houston Bar Association’s Literacy Committee’s annual book drive. Help the HBA Lawyers for Literacy Committee collect 25,000 books on their 25th anniversary! Read More→
In the escalating trade dispute between the U.S. and China, the United States Trade Representative (USTR) recently announced a proposed new 10% ad valorem tariff on an additional $200 billion worth of Chinese imports. This list identifies thousands of Chinese products – including foods, consumer goods, tobacco, chemicals, coal, steel and aluminum – representing an approximate annual trade value of $200 billion. Read More→
In furtherance of the President’s May 8, 2018 decision to withdraw from the Iran nuclear deal, OFAC has officially revoked Iran-related General Licenses H and I. Specifically, OFAC has issued two new general licenses authorizing the wind down, through August 6, 2018, of transactions previously authorized under General License I, and the wind down, through November 4, 2018, of transactions previously authorized under General License H. Read More→
The following events related to international trade may be of interest to you:
The 2018 Trade Symposium hosted by U.S. Customs and Border Protection will be held on August 14-15 at the Marriott Marquis in Atlanta, GA. New this year! You will have the opportunity to conduct a one-on-one discussion with leadership from the Center of your choice. Register→
The 2018 Southern Border Conference will be held August 22-25 at the Hilton Garden Inn in South Padre, TX and will focus on “Navigating the High Seas of ACE.” Register→
Join another fabulous ICPA event in the historic Grapevine, Texas! Great sessions with a touch of Texas flare to enjoy. You won't be disappointed with this smaller version of their annual event. You can expect Three Tracks – Import, Export, General; International Trade Compliance hot topics; and speakers that are experienced, knowledgeable professionals. Register→
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