CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

2018, U.S. implements $16b tariffs on China

As U.S. and Chinese officials are currently conducting mid-level trade talks in Washington D.C., the

list of 25% tariffs,

announced by the Trump Administration on August 10th, were implemented today on roughly $16 billion of Chinese goods.

The list of 279 HS tariff classifications includes plastics, semiconductors, electronic integrated circuits, motorcycles, and railway and farm equipment.

The Chinese government has imposed a 25% tariff on $16 billion of U.S. imports today as well.

The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion in products since early July, with more in the pipeline, adding to risks to global economic growth.

Updates will be issued as new information becomes available.

For more information please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905) 882-4880, ext. 213.

More Trade Alerts:

April 2024

April 10, 2024
Members of the Public Service Alliance of Canada (PSAC) and the Customs and Immigration Union (CIU) employed by the Canada Border Services Agency (CBSA) will…

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics