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China Trade War Intensifies

Today, the Trump administration’s China trade war intensified as it announced plans to increase tariffs on Lists 1, 2, 3, and 4! The president connected the additional tariff hikes to China’s new retaliatory tariffs (as a result of US’s imposition of List 4 tariffs) on $75 billion-dollar in US products, mainly impacted the agricultural and […]

BREAKING NEWS: EXCLUSION PORTAL TO OPEN FOR LIST 4A

  USTR announced it will open the exclusion request process for HTS’s on List 4A. List 4A includes products covered by Annex A of the August 20, 2019 notice (84 FR 43304)  that are subject to 15% duty as of September 1, 2019. List 4 has a total of 300 Billion worth of products and includes both […]

President Trump Strengthens U.S. Policy Toward Cuba

Did you know that the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced additional changes to U.S. policy toward Cuba implemented on October 9? On September 6th, the Trump Administration announced measures to increase economic pressure on the Cuban military regime. This follows past policy changes President Trump has taken to sanction […]

U.S. and China Reach ‘Phase 1 Deal’

Today, President Trump and the Chinese government announced a “Phase 1 Deal” and suspended the proposed increase in tariffs for products (on Lists 1, 2, and 3) that were set to begin on October 15. The scheduled tariff was set to increase from 25 to 30 percent on $250 billion worth of Chinese imports. In […]

U.S. Expands Trade War to EU

After winning the largest arbitration award (7.5 billion) in World Trade Organization (WTO) history in its dispute with the European Union (EU) over illegal subsidies to Airbus, the United States (US) will begin applying WTO-approved tariffs on certain EU goods beginning October 18. Although USTR has the authority to apply a 100 percent tariff on affected […]

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