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Commentary: Coronavirus Will Significantly Impact US Container Imports In March
Friday, February 21, 2020 - 10:04am | 1109Editor's note: The views expressed here are solely those of the author and not of FreightWaves or its affiliates. Container imports into the 10 largest U.S. ports dropped 4.1% in January, a reprieve from December's 12.5% decline and November's 6.5% decline. These recent downturns are driven by...
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US Will Raise Import Tariffs On EU Aircraft In March
Monday, February 17, 2020 - 5:34pm | 514In response to a recent World Trade Organization (WTO) decision that allowed the U.S. to impose retaliatory import tariffs on $7.5 billion of EU goods, the Office of the U.S. Trade Representative (USTR) will raise the duty on imported EU aircraft from 10% to 15%, effective March 18. The WTO first...
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Wine And Spirits Import Tariff Increase
Wednesday, January 22, 2020 - 10:00am | 23Image by freestocks-photos from Pixabay
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Weak November Means Imports Likely Coming Up Short For 2019
Friday, January 10, 2020 - 4:24pm | 749U.S. import container volumes may drop for 2019, albeit slightly, for the first time in a decade as gyrations in U.S.-China trade play havoc with shipper demand, according to a major trade group. The National Retail Federation (NRF) and Hackett Associates expect containerized goods imports to...
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Southeast Ports Big Winners In 2019 Due To Shift In Container Imports
Tuesday, December 31, 2019 - 10:05am | 1416This article brought to you courtesy of NEXT Trucking This year marked big shifts in seaborne trade to and from the U.S. 2020 promises to make that shift even more pronounced as ports plan to unveil new infrastructure and other projects. The top 10 U.S. ports saw import container volumes grow 1.1...
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US Proposes Rule To Let States Import Some Canadian Prescription Drugs
Thursday, December 19, 2019 - 9:50am | 430The U.S. Food and Drug Administration has proposed a rule that, if implemented, would allow states to import certain prescription drugs from Canada. "The purpose of the proposed rule is to lower prices and reduce out of pocket costs for American patients," the FDA said in a Federal Register notice...
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France's Digital Services Tax Sparks Call For Hefty US Import Tariffs
Tuesday, December 3, 2019 - 1:11pm | 649The Office of the U.S. Trade Representative (USTR) said France's digital services tax (DST) discriminates against U.S. companies and is inconsistent with the "prevailing principles" of international tax policy. President Trump reacted to the USTR investigation's findings on Dec. 2 by proposing 100...
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US May Extend Tariff Waiver On $34B Chinese Goods For Another Year
Tuesday, October 29, 2019 - 2:07am | 181The United States Trade Representative (USTR) is considering extending the tariff exclusions granted to certain Chinese imports to another year, the agency said on Monday. The government trade agency had imposed an additional 25% duty on Chinese imports in July 2018. It later granted a waiver to...
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Tomato Importers Worry New Rules At Mexican Border To Cause Delays And Higher Prices
Monday, October 7, 2019 - 1:12pm | 736Tomatoes imported from Mexico could face a supply chain squeeze caused by new regulations finalized in September between the U.S. Department of Commerce and Mexican growers, experts say. The new regulations call for up to 92% of imported Mexican tomatoes crossing the U.S.-Mexico border by truck to...
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COAC Recommends Bill To Boost Imports From Northern Triangle
Friday, August 23, 2019 - 4:29pm | 317The Commercial Customs Operations Advisory Committee (COAC) Rapid Response Subcommittee on Aug. 21 proposed that Customs and Border Protection (CBP) support a "Northern Triangle Trade and Job Promotion Act" to promote exports of apparel, agricultural products and other regional economic staples to...
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Tomato Tariff Spat Ends As Trump Administration Reaches Deal With Mexico
Wednesday, August 21, 2019 - 2:44pm | 375The United States and Mexico have reached a deal to avoid a tomato anti-dumping investigation, ending a tense tariff dispute that had lingered for months. The deal was first announced by Mexico's Economy Minister Graciela Marquez on Twitter just before midnight August 20, according to Reuters. "...
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Threatened Levy On Mexican Imports To Pressure 3PL
Monday, June 3, 2019 - 12:57pm | 870Third-party logistics providers, companies that work with shippers and carriers to facilitate trade and transportation activity, will experience a 1 to 2 percent decline in demand for each 5 percent increase in tariffs the Trump administration threatens to levy on Mexican imports, the head of a...
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President Trump Threatens Tariffs Of Up To 25% On All Mexican Imports
Friday, May 31, 2019 - 11:09am | 523U.S. President Donald Trump said he will begin a series of escalating tariffs on all Mexican imports beginning June 10 unless Mexico and U.S. lawmakers take immediate steps to stop the flow of illegal immigration into the United States. In a dramatic an unexpected turnaround from an announcement...
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Germany Says It's "Ready" To Build Infrastructure To Import U.S. LNG
Friday, January 11, 2019 - 2:03pm | 1336Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier announced earlier this week that European nations were ready to build the necessary infrastructure to import liquefied natural gas (LNG) from the U.S. At this time, Europe has 28 ‘regasification' import...
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Container Import Glut Means Wheeled Storage Shortage, But Startup Aims To Fix That
Friday, January 4, 2019 - 2:38pm | 1072The U.S. import binge of 2018 is creating a hangover for shippers – where to store containers and trailers. North Carolina-based start-up SecurSpace offers a solution by marketing parking and yard slots at third-party terminals to space-constrained shippers. Last year saw record volumes of...