Import Export Customs Compliance and Trade News

Trade and customs compliance and regulation news that affect import, export, transportation, logistics, and supply-chain industry and how you do business.
Abha Bhattarai

Almost All Shoes Sold in the U.S. Are Imported- Now the Industry Is Terrified of Tariffs

Vans
Vans, the 52-year-old brand best known for its unassuming slip-on sneaker, is on a tear. Vans' annual revenue topped $3 billion last year, up nearly tenfold from a decade earlier, propelled in part by cheap and plentiful manufacturing in Asia. But looming tariffs could ground Vans and other footwear brands. Ninety-eight percent of shoes are manufactured abroad, with nearly three-quarters of those imports coming from China, according to the American Apparel & Footwear Association, making...
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Jennifer Diaz

U.S. issues additional Chinese Tariffs – Is Your Product on the List?

Product Tariff List
On June 15 , President Trump kept true to his  May 29th promise  of imposing additional tariffs against Chinese goods. The Office of the United States Trade Representative (USTR) has officially released the “ Section 301 Product List ”. The additional duties are effective on or after July 6, 2018. History We previously proved advised our readers of  President’s Trump directive is based upon the USTR Findings of the Investigation into China’s Acts, Policies, and Practices...
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Niall McCarthy

Where Fireworks Are From In the US [Infographic]

fireworks
For people aiming to "buy American" for Independence Day this year, it might prove difficult to obtain U.S.-manufactured fireworks. Most of the bottle rockets, roman candles and other fireworks on sale across the country trace their origin to  China . Last year, China accounted for nearly 96 percent of total U.S. fireworks imports, amounting to approximately $268 million, according to  website ValuePenguin .  Given that there are almost  14,000 fireworks displays  every 4th of July,...
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GTC Repost

New China Customs Advance Manifest Rules Effective June 1, 2018

NewChinaRules
Effective June 1, 2018, additional manifest-related data must be provided to the Chinese General Administration of Customs China (GACC) for inbound and outbound shipments to China for all modes of transportation. Chinese Customs will require more detailed information including: Shipper’s business registration code and phone number Consignee’s business registration code and phone number, and contact name and phone number For “To order” shipments, notify party’s business registration code and phone number The type of required...
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Steve Lowery

When Pigs and Tariffs Fly

Tariff Pork Exports
China’s announcement that it would be imposing a 25 percent additional tariff on exported American pork could not have come at a worse time for the  American pork industry , coming as it does after the industry had just hit record levels in 2017, when U.S. pork exports recorded the largest year ever in volume, with sales to more than 100 countries around the world. United States pork  and pork variety meat exports totaled 5.399...
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Lawrence M. Friedman

GSP and Sets

Wgsp
Here's a question. Assume pots and pans from Thailand individually qualify for duty-free entry into the United States under the Generalized System of Preferences ("GSP"). That means they have 35% of their value derived from Thai-origin materials or costs and are shipped directly from Thailand to the U.S. So far, so good. Now assume that glass lids for the pots and pans are added to the imported goods and those lids are from China, which...
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