by Rahul Goyal | Oct 11, 2019 | Incoterms
INCOTERMS 2020 has now been released to the general public. The rule changes are not quite as wide-ranging as the 2010 release. The 2020 release is an attempt by the ICC to focus on how the presentation of the rules could be enhanced within the INCOTERMS 2020 guide...
by Rahul Goyal | Sep 23, 2019 | Import Compliance
On September 17, the Office of the United States Trade Representative (USTR) announced additional Section 301 products exclusions from China. This new set of exclusions contains products from the first, second and third tranches. While these products are currently set...
by Rahul Goyal | Sep 19, 2019 | Ocean Logistics
The trans-Pacific trades will announce the low-sulfur fuel oil surcharges on shippers next month as they phase compliant vessels into their fleets in order to meet the International Maritime Organization’s LSFO requirements taking effect January 1. They intend...
by Rahul Goyal | Sep 4, 2019 | Import Compliance
Similar to the process established by the Office of the United States Trade Representative (USTR), the China State Council Customs Tariff Commission has implemented a process by which Chinese importers of U.S. origin merchandise can request exclusions from the...
by Rahul Goyal | Aug 28, 2019 | Import Compliance
On Friday of last week, the Office of the United States Trade Representative (USTR), in response to China’s announcement of additional tariffs on $75 billion worth of American Goods, said that the United States would increase existing tariffs on Chinese goods by...
by Rahul Goyal | Aug 17, 2019 | Import Compliance
Australia and New Zealand are primarily agricultural countries, and non-native plant and animal life can potentially damage their eco-systems and agriculture and the livelihood of many. The Brown Marmorated Stink Bug (BMSB) is one of the non-native pests on the...
by Rahul Goyal | Aug 8, 2019 | Uncategorized
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...
by Rahul Goyal | Aug 2, 2019 | Import Compliance
Section 301 Update: On August 1, 2019, President Trump tweeted that the US will impose a 10% tariff on approximately US$300 billion worth of products from China (“List 4”) beginning on September 1. This will be in addition to Section 301 tariffs already imposed on...
by Rahul Goyal | Jul 31, 2019 | Uncategorized
Currently, all modern commercial ships run on fossil fuels such as MGO (Marine gas oil), MDO (Marine diesel oil), IFO (Intermediate fuel oil), MFO (Marine fuel oil), HFO (Heavy fuel oil) collectively known as bunker fuel. These fuels have a high content of sulfur...
by Rahul Goyal | Jul 19, 2019 | Uncategorized
In order to help you understand the latest round of Harmonized Tariff Schedule changes that went into effect on July 1, International Trade Today has published their 2019 U.S. Harmonized Tariff Schedule Summary of Updates. This publication is designed to help members...
