Everglory

US levies tariffs after WTO Airbus decision

7Oct, 2019

US levies tariffs after WTO Airbus decision




Officially finalized on Wednesday after the WTO made a final ruling, the US plans to levy $7.5 billion in tariffs on luxury goods against the EU. Though European leaders have called for resolution without new tariffs, as the US also gave illegal subsidies to Boeing, there has been no settlement beyond the tariffs, so far…. Read more »


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23Jul, 2019

MSC temporarily suspended from C-TPAT




Mediterranean Shipping Company (MSC) is the largest carrier for US container imports with a market share equal to 13%. When the MSC Gayane was inspected upon calling the Port of Philadelphia it was found to have seven containers on board stuffed with a total of 18 tons of cocaine – a street value of $1.3… Read more »


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2Jul, 2019

Fireworks, tariffs and a happy 4th of July!




The fourth of July is the quintessential America holiday. It’s a lively celebration where families get together, swim, travel, barbecue, and either watch or take part in a fireworks extravaganza. Fireworks have been part of the celebration of Independence Day since the 1770’s and could be considered the first key part of the celebration. Now,… Read more »


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9May, 2019

Trade War – Updates




The Federal Register Statement is here. In accordance with the direction of the President, the U.S. Trade Representative (Trade Representative) has determined to modify the action being taken in this Section 301 investigation by increasing the rate of additional duty from 10 percent to 25 percent for the products of China covered by the September… Read more »


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29Apr, 2019

Boeing 737-MAX grounded until mid-August




After Boeing’s 737-MAX aircraft came under scrutiny following two crashes in the span of about five months involving Lion Air and Ethiopian Airlines that killed 346 people total, Boeing declared they intended to slow down production of the 737-MAX. The entire fleet has been grounded ever since the crash in March. This decision was based… Read more »


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