Guidance on GSP Expiration on Dec 31 2020

As Generalized System of Preferences (GSP) trade program, which is set to expire on December 31, 2020. U.S. Customs and Border Protection (CBP) is providing guidance via recently published Cargo Systems Messaging Service (CSMS) According to the CSMS notice, “GSP eligible goods entered or withdrawn from warehouse need to pay ‘General’ (column 1) duty rates … Read more

8th Round of Exclusions on List 4 ($300 billion) of the Section 301 Tariffs

On August 6, 2020, the Office of the U.S. Trade Representative (USTR) issued a notice announcing additional exclusions on products of Chinese origin subject to the fourth list  ($300 billion) of Section 301 tariffs. The exclusion covered product descriptions listed include, but are not limited to: Thermal transfer Printer units classified under 8443.32.1050 Parts of … Read more