Everglory

New tariffs on Chinese imports have been announced

20Sep, 2018

New tariffs on Chinese imports have been announced




Effective September 24, a third set of tariffs will go into effect on $200 billion of Chinese imports. Initially the tariffs will be set at 10% through the end of the year and will rise to 25% on January 1, 2019. While 6,031 tariff lines were initially proposed, the negotiation period saw the removal of… Read more »


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10Aug, 2018
US trade

Second Tranche of 301 duties is announced.




This week we bring our readers information on the second tranche of HTS numbers that will be subjected to an additional 25% duties from China. Effective August 23rd, US Customs and Border Protection will collect 25% additional duties on 279 HTS numbers including products such as agricultural seeders, hoses, motors and generators. After the announcement,… Read more »


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11Jul, 2018

China 301 list expands but USTR offers potential relief.




This morning, the US Trade Representative announced a third list of HTS numbers totaling approximately $200 billion in imports from China. The escalating tit-for-tat between the United States and China shows no sign of abating and US importers and exporters are the ones directly feeling the impact. US consumers are sure to start to feel… Read more »


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18Jun, 2018

US / China Trade Update – Where are we now?




On Friday, June 15th, the United States Trade Representative announced that the U.S. was moving ahead with imposing a 25% duty on list of a little over 800 different harmonized tariff items from China. Customs and Border Protection will begin collecting these duties for goods entered or withdrawn beginning July 6, 2018. Following a comment… Read more »


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21Aug, 2017

A quick guide to commercial invoices




The commercial invoice (CI) is the record of a sales transaction and a crucial part of any import/export shipment. In a transaction, these documents record the buyer and seller’s information, detailed descriptions and quantities, trade terms, price, reference marks regarding the packaging and contents, payment arrangements, and the signature of the exporter that are agreed… Read more »


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19May, 2017

Everglory Logistics acquires Dey Cargo Corp.




Dey Cargo adds complementary strength in project cargo, new global markets for Everglory customers. Everglory Logistics today announces our acquisition of Dey Cargo, an Atlanta-based freight forwarder. Dey Cargo provides traditional air and sea freight services that will join forces with Everglory’s market strength in the far east offering a wider global portfolio to importers and exporters…. Read more »


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22Sep, 2016

Amazon and Alibaba’s counterfeit challenges




Earlier this year, footwear manufacturer Birkenstock announced that effective January 1st, their merchandise would no longer be available for purchase on Amazon. In fact, they have issue the cautionary warning that any of their product found on Amazon likely was counterfeit. Fashion brands who are increasingly turning to eCommerce platforms like Amazon and Alibaba because… Read more »


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8Jul, 2016
Wooden bedroom furniture

Antidumping and countervailing duty risks for importers.




(Wooden bedroom furniture, pictured above, may be free of Customs duties but could carry antidumping duties of 100% or more.) When a company is working to establish the landed costs for a product they plan to import, they take a number of steps to ensure that their calculations are correct and they sell the product… Read more »


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30Jun, 2016
Container ship and truck with container in harbor

Importers: CBP local ports authorized to issue ISF penalties




Customs and Border Protection on June 17th announced a change to how they are handling ISF penalties and it gives individual ports the authority to take action directly for violation of the agency’s Importer Security Filing (ISF) requirements. The ISF (or ’10 + 2′) filing requirements mandates that an importer provide Customs with ten data… Read more »


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20Jun, 2016

Vietnam and the Transpacific Partnership: What we all need to know.




(Pictured above: the skyline of Hanoi, Vietnam) Vietnam is poised to become one of the stand-out success stories of the Trans-Pacific Partnership, with exports growing 11 percent, or $36 billion dollars over the first decade. With very low labor costs, the removal of import tariffs from the US and Japan, Vietnam also expects a 50%… Read more »


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