The President and the US Trade Representative recently laid out some of their future plans for global trade that will be important for any US importer and exporter to understand. A number of free trade agreements along with changes in global tariffs will be crucial for all importers and exports to be aware of…
In the last 3 months, the world has been rocked by the spread of the Coronavirus. As drastic measures are taken globally, there have been major observable effects, especially on supply chains, with imports and exports being directly affected.
JM Rodgers has a plan for our future. We have been focused for a long time on constantly improving ourselves in any way possible, from our operations to our community outreach. We’re not a company content to do the bare minimum, but are always pushing ourselves to be more and do better.
We are happy to announce that JM Rodgers is kicking off our Green Initiative! Our goal is to become a sustainable and environmentally conscious company by reviewing our best practices for environmental impact as part of our overall commitment to continuous improvement.
Over the past weeks or so, The China government has reportedly lowered COVID-19 emergency response levels in some provinces, allowing workforce to get back to production. Return to work restrictions from the Chinese local authorities and some office buildings remains in place.
We here at JM Rodgers have always taken security and disaster recovery extremely seriously. For many years, we have had a comprehensive disaster recovery plan in place to ensure that we will stay in operation when our clients need us most, and we have used it to great effect to persevere through small disruptions to major disaster events. Our Disaster Recovery Plan covers an epidemic infectious disease control.
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 price shocks for the industry.
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.
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 tariffs...
US Customs can count 2019 as a record year. Recently Customs and Border Protection released a report that last year, aided by the new tariffs imposed by the Trump Administration, they increased the number of duties, taxes, and fees they collected by 73% from 2018 to total for more than $80.7 billion for the entire year.
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.
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 duty drawback.
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 States resulted in a decision that enshrined the practice of “double drawback,” a specific kind of refund that could be pursued for wine imports and exports, against the proposed regulations Customs had offered.