Are the NAFTA partners getting set to trade sanctions instead of imports and exports? The US is being urged to drop its country-of-origin labeling requirement for imported meat and livestock following the World Trade Organization’s decision in favor of the Canadian...
Argentina Beefs up Food Exports to Russia
The latest trade data from Argentina shows continued strong growth in its beef as well as other food exports to Russia this September, with frozen, boneless, beef up 375% compared to the same month a year ago. At the same time, an extreme weather-driven contraction in...
Argentina’s Food Exports to Russia Surge in August
Just before Russia countered sanctions for its role in the Ukraine crisis with a ban on food imports from the US, EU, Canada, Australia, and Norway, it was reportedly lining up alternative sources for meat, poultry, fish, fruits and vegetables. Latin America, in...
HS Tariff Codes for Tesla Products
The World Customs Organization (WCO) has proposed a set of Harmonized System (HS) tariff codes to tag and track import-export trade in hybrid, plug-in hybrid and all-electric passenger vehicles. The new codes are part of a package of amendments to the HS that is...
Is There ROI in C-TPAT for Members? Should There Be?
by Peter Quinter, guest columnist US Customs and Border Protection (CBP) is holding its annual conference of the Customs-Trade Partnership Against Terrorism (C-TPAT) this week at the beautiful JW Marriott in San Antonio, Texas. You can click here for more information....
Game of Chicken: Who Stands to Lose from Russia Sanctions?
Russian consumers will likely top the list of losers under Moscow’s one-year ban on all meat, fish, poultry, dairy, fruit and vegetables imports from the US, the EU, Canada, Australia, and Norway, effective August 7, 2014. Or, as the New York Times put it, Russia...
Miscellaneous Tariff Bill “Noncontroversial” No More
by Bill Armbruster, blog anchor By definition, the Miscellaneous Tariff Bill is “noncontroversial.” Once enacted, the MTB suspends import duties for two to three years on a mixed bag of chemicals and components that aren’t made in the USA but are inputs for US...
Up for Debate: Will US Export-Import Bank Charter Be Renewed?
The US Export-Import Bank may have to shut its doors if Congress fails to act by September 30 to reauthorize the 80-year-old bank’s charter. The Obama administration has asked Congress to reauthorize Ex-Im for five years and to raise its portfolio cap by $20 billion...
Duties to Put a Chill on Refrigerant Dumping on US Market
The Department of Commerce International Trade Administration (ITA) has reached a preliminary determination that 1,1,1,2-Tetrafluoroethane from China is being sold at below fair value in the US and calculated countervailing duties. Mexichem Fluor, which markets the...
Trade Data Points to Potential Impact of Russia Sanctions
While the early rounds of US sanctions aimed at getting Russia to rethink its Crimea strategy have been confined to a small circle of government insiders and banking institutions, President Obama has signed an executive order that clears the way for sterner measures,...