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 PostRecord 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 PostI 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 PostPresident 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 PostNEW FSVP COMPLIANCE DEADLINE IS MARCH 19: WHAT FOOD IMPORTERS SHOULD KNOW AS REGULATIONS INTENSIFY Food importers should be aware of a March 19 deadline requiring most small businesses to comply with the Food Safety Verification Program (FSVP) regulations. With the FSVP shifting the burden of ensuring the safety of imported foods from the FDA...
Full PostMore than 700 leading members of the industry gathered recently in New York at the 2018 NYNJ Foreign Freight Forwarders & Brokers Association Annual Dinner to honor Roy Amalfitano, the 2018 Person of the Year. Association President Bill Skinner welcomed guests to the largest event of its kind in the importing industry. The honoree, who...
Full PostI hope you will join me, our entire WB Skinner staff, and the many distinguished industry guests at the annual NY/NJ Foreign Freight Forwarders & Brokers Association on February 1 in New York City. It is the largest event of its kind in our industry, with more than 700 attendees. I know you will want...
Full PostOnce again, the Generalized System of Preferences Act (GSP) will be expiring on December 31. With no Congressional authority for renewal in sight before then, importers should be prepared to act as usual during the lapse. The GSP Act, which provides duty-free treatment to importers of goods from designated beneficiary countries, periodically expires and must...
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