Tag Archives: China

The U.S. and Japan are set to announce a deal that would cut tariffs on steel. Under the agreement, a limited amount of Japanese steel will be allowed for import without the 25% levy imposed by President Trump in 2018. If Japan goes over that amount, the tariff would return. Japan is one of the top 10 sources of steel to the ...

The U.S. Commercial Service will be hosting a webinar discussion covering an overview of the pleasure boat industry in Hong Kong and China, followed by a Q&A session. Join to hear from industry experts on markets the export opportunities for U.S. companies. DATE: Wednesday, April 14th, 2021TIME: 9pm EST/ 6pm PSTLOCATION: WEBEX VirtualCOST: $25 USDQUESTIONS: Maryanne Burke, USCS, at Maryanne.Burke@trade.gov REGISTER HERE AGENDA: Welcoming ...

There have been several developments on the trade and tariff front in the past few weeks. While NMMA said it is encouraged with the recent ratification of the United States-Mexico-Canada Trade Agreement (USMCA) and the initial Phase One Trade Agreement with China, the association says more work is needed to remove tariffs and ensure the recreational boating industry can continue ...

Last week, the Trump administration and China reached a partial deal – known as the Phase One Trade Agreement – to deescalate the ongoing trade war. While some details of the agreement have yet to be released – including the timeline for implementation. The NMMA said it welcomed the news and urged both parties to keep negotiating until all tariffs are removed. ...

The Office of the U.S. Trade Representative (USTR) recently announced that on Thursday, Oct. 31, 2019 it will begin accepting tariff exclusion requests for Chinese products subject to an additional 15% tariff (Section 301 List 4A) that went into effect on Sep. 1, 2019. Exclusion requests will be received via USTR’s online exclusion request processing portal at exclusions.ustr.gov – details regarding the ...

Late last week, President Donald Trump announced that his administration will raise duties on $250 billion in Chinese goods from 25% to 30% and increase tariffs on another $300 billion in products from 10% to 15%. The move comes on the heels of recent actions by both China and the U.S. that have escalated the long running trade war, which ...

The Trump Administration announced Monday it will impose a 10 percent tariff on an additional $200 billion worth of Chinese goods starting Monday, Sept. 24 and raise it to 25 percent at the beginning of 2019. Leading up to the formal decision, the National Marine Manufacturers Association and its members encouraged the administration to forgo this tranche of tariffs in ...

Global trade has been in the headlines recently and many are concerned about the impact of a trade war. The U.S. and China have both been using threatening rhetoric that has some people worried. Because of these developments, President Trump has recently asked his team to reconsider the administration’s position on the Trans-Pacific Partnership (TPP). TPP was a hot campaign ...