Two Minutes in Trade

Importers and brokers are trying to decipher the curious language of the in-transit exception to the IEEPA tariffs. Here’s what we have divined.

IEEPA tariffs suspended for 90 days, except for China and maritime industry actions. Listen for more on today’s Two-ish Minutes in Trade!

Your Sea salt may have been made with forced labor. CBP adds South Korean Salt farm to WRO list. Listen for more on Two Minutes in Trade. 

Less than 2 days after the White House’s announcement, China has announced additional tariffs on U.S. exports and has instituted a slew of other penalties, further escalating the trade war between the U.S. and China.

The Senate is woke! The resolution to stop IEEPA in Canada passed, and now a bill to reassert Congressional authority over tariffs has been introduced. Listen for more on Two Minutes in Trade. 

#TMIT Liberation Day! Tariffs, tariffs and more tariffs. No more de minimis for China. Autos/parts defined and 2 new aluminum derivative products. Listen for more on Two Minutes In Trade. 

TMIT No Joke. USMCA qualifying autos and parts are protected under a 2018 agreement with the US. Listen for more on Two Minutes in Trade. 

No Joke. USMCA-qualifying autos and parts are protected under a 2018 agreement between the US and Mexico. Listen for more on Two Minutes in Trade. 

Should Section 338 of the Tariff Act of 1930 be repealed?  Some Members of Congress think so. Listen for more on Two Minutes in Trade. 

With IEEPA, steel/aluminum, and other tariffs on the rise, the stakes have never been higher for duty evasion. Here are a few “duty savings” ideas that are likely too good to be true.