Up until very recently, much of the US wine importer industry was bracing for a major hit, with original estimates for wine and food tariffs floating at potentially 100%. Doing this would have overnight doubled the price of wine, causing what were probably untenable...
With another week, a new set in the constantly-shifting tariff landscape is happening soon. The long-discussed tariffs on European products due to a long-running WTO dispute over improper subsidies given to aircraft manufacturer Airbus in the early 2000s. The new...
This upcoming Valentine’s Day will be a sweet one for many importers: tariffs are set to be reduced by half for more than $300 billion worth of imports from China on that day. The US Trade Representative has announced that that is the day that the new reduced tariff...
U.S. President Donald Trump on Friday signed a proclamation increasing tariffs on derivative steel products by an additional 25 percent and boosting duties on derivative aluminum products by an additional 10 percent. Australia, Brazil, Canada, Mexico, and South Korea...
In the last two weeks, there have been two major trade deals in the news: the Phase One deal with China and USMCA, the revamped version of NAFTA. Both of these agreements have a lot of impact on trade between the countries involved, but both will have some impact on...
The rules and regulations that govern duty drawback under TFTEA are continuing to evolve years after its passage. Just a few days ago, a pivotal lawsuit about specific provisions in TFTEA’s drawback rule, National Association of Manufacturers (NAM) vs. The United...