Tariff on China List 4A Goods to be Lowered Feb. 14

Friday, January 17, 2020 Sandler, Travis & Rosenberg Trade Report The Section 301 additional tariff on List 4A goods imported from China will be reduced from 15 percent to 7.5 percent as of 12:01 a.m. EST on Feb. 14, according to a notice from the Office of the U.S. Trade Representative. That is the effective date of the phase one trade agreement the U.S. and China signed Jan. 15 in Washington. A…

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Tariffs Not Helping U.S. Manufacturing Sector, Report Says

Monday, January 06, 2020 Sandler, Travis & Rosenberg Trade Report The Trump administration’s import tariff increases have been a drag on U.S. manufacturing employment and have failed to increase the sector’s output, according to a recent Federal Reserve Board report. Part of the purpose of the tariffs is to boost the U.S. manufacturing sector by protecting it against what have been deemed the unfair trade practices of trading partners, principally…

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Ken Hamanaka, founder of Ken Hamanaka Co Inc, passed away peacefully on November 29, 2019 in Glendale, CA. He was 88 years old. Ken was a native Angeleno who at 10 years old was sent with his family (mom and dad + 3 older brothers) to an internment camp in Heart Mountain, Wyoming, with other Japanese Americans, many of them American born. Ken’s family owned and lost a hotel, grocery…

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Fabrics, Furniture, Auto Parts Among New China Tariff Exclusions; Retroactive Refunds Available

Monday, December 16, 2019 Sandler, Travis & Rosenberg Trade Report Additional exclusions from the Section 301 additional 25 percent tariff on List 3 goods from China have been announced by the Office of the U.S. Trade Representative. Affected products include fruit, seasonings, fabrics, rug pads, ropes, ladders, gates, digital scales, calculators, headlights, brake parts, chairs, tables, and lamps. These exclusions (see attached for complete list), which must be claimed using…

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U.S. to Suspend, Roll Back Tariffs on Imports from China

Monday, December 16, 2019 Sandler, Travis & Rosenberg Trade Report President Trump announced Dec. 13 a phase one trade agreement with China under which the U.S. will not impose the additional 15 percent tariff on List 4B goods imported from China that was set to take effect Dec. 15. An official notice implementing this action is scheduled to be published in the Dec. 18 Federal Register. The president said the U.S.…

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U.S.-Mexico-Canada Agreement Revised, Signed

Wednesday, December 11, 2019 Sandler, Travis & Rosenberg Trade Report The U.S., Mexico, and Canada signed Dec. 10 a new version of a trade agreement updating the 25-year-old NAFTA that reflects a number of revisions agreed to in negotiations between the Trump administration and House Democrats. The House of Representatives could vote on the USMCA during the week of Dec. 16 but the timing of a Senate vote is less…

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New Tariffs Coming on Imports from China, EU, France, Brazil, Argentina

Wednesday, December 04, 2019 Sandler, Travis & Rosenberg Trade Report The Trump administration has announced plans to impose tariff increases on imports of various goods from the European Union and France as well as steel and aluminum products from Brazil and Argentina. It also appears increasingly likely that the tariff increase on List 4B goods from China will take effect Dec. 15 as scheduled. For more information on these tariffs,…

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CSMS #40863008 – Information: Presidential Proclamation 9955 Modifying Duty-Free Treatment under the Generalized System of Preferences (GSP) for Ukraine and Thailand, Designating The Republic Of Mali as a Least Developed Beneficiary Country, and Recognizing the Name Change for Macedonia

Cargo Systems Messaging Service CSMS #40863008 – Information: Presidential Proclamation 9955 Modifying Duty-Free Treatment under the Generalized System of Preferences (GSP) for Ukraine and Thailand, Designating The Republic Of Mali as a Least Developed Beneficiary Country, and Recognizing the Name Change for Macedonia BACKGROUND On October 25, 2019, the President issued Presidential Proclamation (PP) 9955 modifying trade benefits under the Generalized System of Preferences (GSP) for Ukraine and Thailand, designating…

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Trade Restrictions Hit Second-Highest Level but Outpaced by Facilitation Measures

Friday, November 22, 2019 Sandler, Travis & Rosenberg Trade Report The amount of trade covered by new import-restrictive measures imposed by major economies during the period May to October 2019 totaled $460.9 billion, a recent World Trade Organization report finds. This is the second-highest figure on record behind the $480.9 billion reported for same period in 2018 and a 37 percent increase from the $335.9 billion registered from October 2018…

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Trump Threatens Higher Tariffs if No China Deal

Thursday, November 14, 2019 Sandler, Travis & Rosenberg Trade Report President Trump said Nov. 12 that if the U.S. and China are unable to finalize the “phase one” trade agreement they are currently negotiating he will “substantially raise” existing import tariffs on Chinese goods. He also warned of similar measures against “other countries that mistreat us.” In mid-October Trump postponed a planned increase in the Section 301 additional tariff on…

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