As expected, the Trump administration has announced a new round of 25 percent tariffs on an additional $16 billion in imports from China. The new tariffs will go into effect on Aug. 23, on the heels of the tariffs imposed on $34 billion of Chinese imported goods – Section 232 on steel and aluminum —...Full Post
Record volumes in port traffic have been recorded throughout the U.S. by ports across the country during the first half of 2018. The Port of New York and New Jersey, for example, reported year-to-date volume through May, of 2,825,103 TEUs, 6.8% higher than year ago. However, several port directors are worried that the boost in...Full Post
I hope you will join me, our entire WB Skinner staff, and many distinguished industry guests as we honor Mary Jo Muoio, NCBFAA Customs Committee Chair (and previously President and NCBFAA Chair) during our Annual Dinner Cruise, June 21st in NY Harbor. Mary Jo is an incredible asset to our industry and we are very fortunate to have her...Full Post
President Trump has signed two proclamations assessing additional duties on the importation of aluminum and steel articles, effective March 23, 2018. For the time being, Mexico and Canada are exempt from the tariffs pending NAFTA negotiations. Top trade negotiator Robert Lighthizer will be responsible for working out deals with other countries seeking exemptions. The President stated that...Full Post
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