This week, the United States was granted permission by the World Trade Organization (WTO) to impose up to $7.5 billion of annual tariffs on goods from the European Union. This action provides the U.S. administration with the ability to tax wine, airplanes and other goods exported from Europe to the United States.
Tariff Update: WTO Grants U.S. Permission to Impose $7.5 Billion of Tariffs on EU Goods
Topics: Updates, Tariffs, Trade, International
Update: Two Week Delay for Tariff Increase
On September 3, 2019, a Federal Register notice was published, stating that due to the ongoing challenges being addressed between the governments of the United States and China, Tranche 1, 2 and 3 would be increasing from 25 percent to 30 percent, effective October 1, 2019. At this time, it was announced that there would be a request for Public Comments through September 20, 2019.
Topics: Updates, Trade, International
Please note that Hurricane Dorian's landfall continues to impact port, rail and over-the-road operations across the Southeast. Below are the latest updates:
Topics: Weather, Updates, Trade, International