by Rahul Goyal | Sep 1, 2020 | Trade News
For the first time in almost 50 years, the United Kingdom (UK) has issued its own tariff regime. The new UK Global Tariff (UKGT) will be effective from January 1, 2021, and is set to replace the European Union’s Common Customs Tariff (EU CCT), which continues to apply... 
by Rahul Goyal | Aug 25, 2020 | Trade News
On August 21, U.S. Customs and Border Protection (CBP) issued Harmonized System Update (HSU) 2007 containing 416 ABI records and 77 harmonized tariff records. This update includes modifications to support the United States Trade Representative’s (USTR) July... 
by Rahul Goyal | Aug 4, 2020 | Trade News
Last week, the Americans for Free Trade (of which NCBFAA is a member) sent a letter to Representatives Jackie Walorski (R-IN) and Collin Peterson (D-MN) expressing strong support for their bipartisan legislation, H.R. 7665, to extend current product exclusions from... 
by Rahul Goyal | Apr 20, 2020 | Trade News
In a statement published on April 17, the Office of the U.S. Trade Representative (USTR) announced “high-level representatives from the USTR and Brazil’s Ministries of Foreign Affairs, Economy, and Agriculture discussed the implementation of an ambitious... 
by Rahul Goyal | Feb 24, 2020 | International News, Trade News
The US has surpassed China and become India’s top trading partner showing greater economic ties between the two countries. According to the commerce ministry, in 2018-19, the bilateral trade between both countries stood at USD 87.95 billion. The data shows that... 
by Rahul Goyal | Aug 8, 2019 | Trade News
Pakistan decided to suspend all the bilateral trade with its neighbor India after the decision of Indian Govt to remove section 370 from Jammu & Kashmir state. Pakistan has also decided to downgrade its diplomatic relation and to review its bilateral engagements...
