A return to the 25% duty rate on U.S. automotive exports to China is set to enter into effect on December 15th, and U.S. auto-makers are worried about the effects. Overseas sales of U.S.-made cars have yet to recover after last year’s tariff cut shipments to China by...
Trade War Reshapes U.S. Import Peak Shipping
Waves of new tariffs lifted U.S. waterborne import peak shipping volumes earlier and higher than ever in 2018, while the promise of more to come pushed an atypical December surge. U.S. import peak shipping volumes charted a new course in 2018, driven largely by...
Truce Called in U.S.-China Trade War
A 90-day truce has been declared in the escalating trade hostilities between the U.S. and China after a sidebar meeting at the G20 summit in Buenos Aires between Donald Trump and Xi Jinping. The U.S. has agreed to postpone for 90 days a tariff hike from 10% to 25% on...
U.S. Imports from Indonesia, India and Kazakhstan Could Face Tariffs
The Office of the U.S. Trade Representatives (USTR) is reviewing the General System of Preferences (GSP) status for Indonesia, India and Kazakhstan. Should the countries switch from GSP inclusion to a Most Favored Nation (MFN) standing, the tariff rate for many U.S....
U.S. Tariffs on Chinese Goods: Overview and Timeline
The world’s leading trade partners, the U.S. and China, are implementing tariffs on a growing list of goods. With new U.S. tariffs on Chinese goods, companies that rely on imports or exports need solutions to keep pace with wide-ranging, rapid-fire changes in the...
Market Changers: U.S. Section 232 Aluminum and Steel Tariffs
Imposed by presidential proclamations March 8, effective March 23, the new U.S. aluminum and steel tariffs do not apply to imports from NAFTA partners Canada and Mexico. Commerce Dept. is accepting applications to exclude products needed by domestic downstream...
U.S. Deploys Protective Tariffs on Solar Panels, Washing Machines
Delivering on a promise to defend domestic industries, the U.S. raises protective tariffs on solar panels, washing machines; finds cause for new duties on alloy aluminum sheet from China. New protective tariffs on solar panels, washing machines and (coming soon) alloy...
U.S. Solar Panel Tariffs Aimed at Overseas Exporters Hit Domestic Installers
U.S. tariffs on imported photovoltaic solar cells and modules sought by U.S. solar manufacturers are having an impact on U.S. solar system installers, according to analysis from Solar Magazine that cites Descartes Datamyne trade data. The tariffs imposed [date] are...
Market Reaction to Japan’s Tariff on Frozen U.S. Beef Exports
Early signs indicate a substantial effect on frozen U.S. beef exports to Japan as the one of the largest U.S. beef destinations looks to other suppliers. Late July, Japan announced that they would be using a safeguard measure that allows for raising tariffs should...
U.S. Ethanol Exports Face New Tariffs
Rising U.S. ethanol exports are facing new tariffs in key markets – first China and now Brazil. Will protectionism reshape the renewable fuels market? U.S. ethanol exports have been hit with a new tariff by top market Brazil. Industry watchers, who keep close tabs on...