Month-by-month, this year’s peak shipping season for U.S. maritime imports broke volume records, surpassing 2 million TEUs in August and October. This year’s peak shipping season, the August-to-October run-up to year-end holidays during which merchants stock up for...
Plastics Industry Trends | ITC Holds PET Resin Dumping Harmful
ITC determination in AD/CVD investigation finds PET resin imports dumped on U.S. market materially injured domestic producers, paves the way for new tariffs. Meanwhile, build-out of PET production for export stalls. The U.S. International Trade Commission (ITC) has...
Travel, Trade with Cuba Curbed by New Constraints
OFAC and BIS rule changes reverse some – but not all – liberalized polices on travel and trade with Cuba; the Cuba Restricted List lengthens. Treasury Dept.’s Office of Foreign Assets Control (OFAC) has announced that the Cuban Assets Control Regulations will be...
Split Decision: ITC Offers Choice of Outcomes in Solar Imports Case
The U.S. renewable energy industry awaits a decision in the Section 201 solar imports case that could result in protective tariffs on crystalline silicon photovoltaic (CSPV) cells and modules. After agreeing that a surge in solar imports is causing harm to domestic...
Free Web Seminar: A Quick Event Showcasing Our Rapid Deploy “Lite” CustomsInfo Manager & HS Validation Solutions
Register to attend our short, 30-minute web seminar on November 15th at 2pm ET. Is a fast rollout of a “lite” HS classification and validation solution right for you? Or are you ready for a simple upload and go review of existing classification across multiple...
Pricier than Platinum, Palladium Trade Surges
As investors bet on the future of gasoline fueled automobiles, palladium trade is on the rise, and with it the price of this precious metal. The price of palladium has surged 39% so far this year, making it the leading contender for the title of best performing...
U.S. Opens AD/CVD Investigation into PET Resin Imports
Commerce Dept. considers whether imports of polyethylene terephthalate (PET) from five countries harm domestic producers. Canada launches its own inquiry into PET resin imports. The U.S. Commerce Dept. International Trade Commission (ITC) announced October 17 the...
Free Web Seminar: Food Importers Must Urgently Comply with a Critical Regulation
Register to attend on Oct 17th at 2pm ET Please join us for a free web seminar featuring U.S. FDA regulatory expert Bracey Parr from Register Corp, and Descartes’ domain specialist, Lisa Wallerstein, as we cover the Foreign Supplier Verification Program (FSVP)....
U.S. Ethanol Exports Face New Tariffs
Rising U.S. ethanol exports are facing new tariffs in key markets – first China and now Brazil. Will protectionism reshape the renewable fuels market? U.S. ethanol exports have been hit with a new tariff by top market Brazil. Industry watchers, who keep close tabs on...
U.S. Broadens North Korea Sanctions
President Trump’s executive order authorizes the Treasury Dept. to enforce economic sanctions against foreign companies, financial institutions and individuals that do business with North Korea. A new executive order signed Thursday by President Trump significantly...