Skinner
Spanning the World
I 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 7th 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...
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TRUCE IN U.S. – CHINA TARIFF WAR DELAYS THREATENED INCREASE TO 25% President Trump’s sideline meeting in Argentina with China President Xi Jinping has produced a tentative pause in the ongoing tariff war between the two countries. Although many details are not yet known, the U.S. announced it would hold off on higher tariff rates...
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North Korea continues to evade U.S. sanctions through such tactics as sourcing the labor for its products to other countries. Customs and Border Protection (CBP) has issued a reminder to importers to be aware of these tactics and avoid the risk of non-compliance under U.S. and United Nations sanctions authorities. In a memo issued this...
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Within the last 24 hours, the U.S. and China slapped new tariffs on additional product categories, escalating the continuing trade war between the two nations. On Monday, Sept. 17, President Trump announced tariffs on $200 billion worth of goods from China, on top of the $50 billion already taxed earlier this year. The next wave...
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On September 11, the U.S. Department of Commerce published an amendment to the rules on steel and aluminum articles subject to duties and quotas under Section 232 of the Trade Expansion rule. The changes include a new rebuttal and surebuttal process, the controversial system that allows a company to object to exclusions requested by another...
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Confused about the current status of tariffs and how they affect your business? You’re not alone. News about tariffs – real and speculated – continues to flow daily. To help our clients and colleagues stay abreast of the latest news, WB Skinner is providing a new central Tariff Update and Tools resource page where you can find authoritative news...
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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 —...
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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...
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