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U.S. delays scheduled increase in China tariffs

There will be no increase in U.S. tariffs on China imports, U.S. President Donald Trump has announced.  This means the additional U.S. tariff on $200 billion of Chinese-made products will remain at 10%, pending a meeting between the national leaders at a Trump vacation property in Florida.  No date has been announced.  The plan was to hike the rate to 25% on March 1.

For more information, contact Brian Rowe, Director – Customs Compliance & Regulatory Affairs.

Quick Tip #25
Insurance primer

Protect your business interests by ensuring you understand what is covered by your cargo insurance policy – and what is not. Without proper insurance, even one loss can have a huge impact on your bottom line.

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