Two Minutes in Trade

BIS seeks public comment on two new Section 232 investigations: copper and lumber/timber. Listen for more on Two Minutes in Trade. 

The pause on the 25% duty for CA and MX imports (10% for energy or energy resources) is limited to products of Canada and Mexico that qualify as originating under the USMCA. Importers must understand and apply the complex USMCA rules and maintain supporting documentation to avoid these tariffs. An unexpected 25% increase (and possible penalties) down the road for a faulty USMCA claim could be catastrophic to your business.

Diamond and seafood importers need full supply chain visibility to prove that their goods are NOT Russian originating. Listen for more details on Two Minutes in Trade. 

With the administration restoring duty free treatment for most Canadian and Mexican products on March 7th, just three days after the 25% tariffs went into effect, many importers are asking whether their shipments are stuck with the duties for three days. It all comes down to the different options for date of entry and duty calculation.

USITC releases report that could help negotiate an agreement with the EU. Listen for more on Two Minutes In Trade.  #TMIT

You get a 232 investigation and you get a 232…now we are investigating Lumber. Listen for more details on Two Minutes In Trade.

Copper imports are facing potential tariffs under section 232. Listen for more on Two Minutes In Trade. #TMIT

IEEPA tariffs effective March 4 for Canada and Mexico; increased to 20% for China. Steel & aluminum section 232 tariff details emerge. Listen for more on Two Minutes in Trade. 

The Administration’s about face to allow de minimis for China-produced goods for the time being left many uncertain as to what the future holds. There are some important steps traders should be considering now from both a practical and policy perspective.

March Madness is upon us!  There are several important deadlines in March. Listen for details on Two Minutes in Trade.