top of page
Search
  • Writer's pictureStephen Fodor

USTR Announces Additional Duty on European Products Amid Covid Crisis Trade Uncertainty



Monday Morning Wake Up Call

August 17, 2020


Port of Oakland Maritime Director States “Trade Outlook Remains Unclear” Due To COVID Crisis

While the Port of Oakland reported increased freight volumes in July the Maritime Director in the Port expressed caution in taking this to mean that trade will continue to uptick.

US Trade Rep’s Office Announces Changes Regarding Additional “Airbus” Duty on European Products

Importers of a wide-range of products from EU countries should carefully review the updated message from the USTR regarding the 25% additional duties assessed on certain products from the EU countries. The notice can be found at the link below. This is a fluid situation subject to change and considering US Administration threats to increase the additional duty to a rate of 100% this could change drastically without much advance notice. Stay tuned!


Please contact us at info@tradelogicintl.com if you have any questions.

8 views0 comments

Recent Posts

See All

Importer Pleads Guilty to Duty Evasion

The owner of a U.S. based import business faces a maximum penalty of five years in prison, a $250,000 fine, a three-year term of supervised release, and a payment of $1,090,000 in restitution. The imp

Subscribe to My Linkedin Newsletter

To help you keep up to date on topics the impact the U.S. international trade community, be sure to read my latest newsletter and subscribe for future updates too. https://www.linkedin.com/posts/trade

Section 301 Duty Exclusions Set to Expire on 12/31/23

Unless Congress acts quickly, the duty exclusions currently in place for certain products imported from China are set to expire on Dec. 31st. Importers who currently enjoy these exclusions on their pr

Comments


  • Twitter
  • LinkedIn
  • Facebook
  • YouTube
  • Instagram

need assistance from a licensed CUSTOMS broker?

Thanks for submitting!

bottom of page