Trans American

Effective for entries with an entry date on or after October 1, 2019, the minimum and maximum Merchandise Processing Fee (MPF) will increase with the ad valorem rate of 0.3464% not changing. Informal entries will have a new minimum of $2.14 (formerly $2.10) and Formal entries will have a new minimum of $26.79 (formerly $26.22)… Read more : Merchandise Processing Fee Minimum and Maximum to Increase October 1, 2019

U.S. Customs recently completed a Trade Symposium in Atlanta, Georgia. U.S. Customs Notice: https://www.cbp.gov/newsroom/spotlights/changing-trade-environment-generates-interest-cbp-trade-symposium   This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient. Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited. The recipient… Read more : U.S. Customs Trade Symposium

Market predictions of an approaching supply-demand balance in global container shipping that will support a recent upswing in pricing are looking less certain with fresh emerging market concerts, uncertainty over the impact of tariffs and prospects for more, and a persistent oversupply of capacity. As reported in the Journal of Commerce: https://www.joc.com/maritime-news/container-lines/global-container-shipping-stabilizes-just-pitfalls-deepen_20180903.html This document is… Read more : Global Container Shipping Stabilizes Just as Pitfalls Deepen

On September 4, the House of Representatives pass the MTB, which now will be sent to the president to be signed into law. Additional detail: https://www.cmtradelaw.com/2018/09/house-easily-passes-miscellaneous-tariff-bill-act-of-2018-on-voice-vote-white-house-indicates-president-will-sign/ This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient. Any further review, disclosure, copying, dissemination, distribution, or use of any of… Read more : Miscellaneous Tariff Bill Act of 2018 (MTB) Passed by House of Representatives

The US intermodal peak season is expected to kick into high gear in the coming weeks and shippers hope that the service will be better than earlier this year, while forecasts show volume will be greater than a year ago. Data show that demand so far has been strong in all surface transportation modes this… Read more : U.S. Peak Season to Test Intermodal Service

Global Affairs Canada is seeking views of all interested Canadians on a possible FTA with the Association of Southeast Asian Nations (ASEAN), a regional bloc comprised of Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The submission period is from September 1 until October 16. The Global Affairs Canada notice… Read more : Possible Canada- ASEAN Free Trade Agreement (FTA)

On September 5, President Trump advised Congress that the administration plans to reach a trade agreement with Mexico and potentially with Canada. The U.S. – Canada talks have restarted, Canada’s Foreign Minister Chrystia Freeland, commenting “The atmosphere today has continued to be constructive and cordial”. Major sticking points (Such as Section 232 Tariffs on steel… Read more : North American Free Trade Agreement Update

President Trump has stated he is in favor of moving ahead with the additional Section 301 tariffs as soon as the public comment period ends on September 6. Bloomberg article: https://www.bloomberg.com/news/articles/2018-08-30/trump-said-to-back-200-billion-china-tariffs-early-as-next-week This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient. Any further review, disclosure, copying, dissemination, distribution,… Read more : Section 301 (China) Tariff Update