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The Government of Canada announced the final details of its surtax that is effective as of July 1, 2018. This is in response to the United States imposing a 25% tariff on imports of certain steel products, and a 10% tariff on imports of certain aluminum products, from Canada (US tariffs).
On June 22, the European Union (EU) has implemented charging import duties of 25% on a range of U.S. products. The list of products includes home appliances, motor vehicles, household articles, apparel and footwear, textiles and fabrics, whisky, tobacco products and more.
The Office of the United States Trade Representative (USTR) released a list of products imported from China that will be subject to additional tariffs as part of the U.S. response to China's unfair trade practices related to the forced transfer of American technology and intellectual property. The list of products issues today covers 1102 U.S. Tariff lines at approximately $50 billion in 2018 trade values.
2018 G-TEC! Don't miss out!!!
Are you registered for G-TEC 2018? The NCBFAA Educational Institute is proud to invite all global logistics professionals to the 4rd Annual Global Trade Education Conference (G-TEC). This two-day event in Dallas, TX will give customs brokers, freight forwarders, NVOCCs, service providers, importers, exporters and all global logistics professionals an opportunity to update themselves on industry developments.
Complying with U.S. Export Controls
Date: August 14-15, 2018
Location: Milpitas, CA
The two-day program is led by BIS's professional counseling staff and provides an in-depth examination of the Export Administration Regulations (EAR). The program will cover the information exporters need to know to comply with U.S. export control requirements on commercial goods.