Wasatch CHB has officially relocated to Bellingham, WA, but that doesn’t mean anything has changed! As we all know, COVID-19 really brought out opportunities for companies to perform more work remotely, so even though our physical address has changed, the services we provide haven’t. Customs and Border Protection even updated the regulations with the Broker […]
https://ustr.gov/about-us/policy-offices/press-office/press-releases/2023/september/ustr-extends-reinstated-and-covid-related-exclusions-china-section-301-tariffs The COVID related exclusions have now been extended AGAIN through end of 2023! Did your item make the cut? Check out this link. https://ustr.gov/about-us/policy-offices/press-office/press-releases/2023/september/ustr-extends-reinstated-and-covid-related-exclusions-china-section-301-tariffs
As per the Federal Register, the US Trade Rep is reinstating exclusions for some tariffs from the China 301 duties. You’ll want to check the list as some items are product specific and some may be general. You can check those out at this link here. They are grouped by the China tariff/list number (9903.88.01,9903.88.02,etc)
They aren’t the first, and they definitely won’t be the last. In 2020, logistics giant CMA-CGM was hit. Now, in an already strained logistics system, one of the biggest has been hacked, Expeditors International. This could have some serious consequences at a time when the system is already struggling to keep up. https://www.wsj.com/articles/expeditors-international-shuts-down-computer-systems-after-cyberattack-11645566461
Here is a cool video about how many people are involved in getting a container on and off a vessel.
If you aren’t familiar with the website Marine Traffic, you might want to start using it. It allows you to get a much bigger picture of where your cargo’s vessel might be located at any given time. You can see if it’s on its way from China or if it’s finally docked in Long Beach,
Here is an interesting read from New York Times on why the supply chain is as discombobulated as it is and how it could be this way for some time. https://www.nytimes.com/2021/10/22/business/shortages-supply-chain.html
As per an article from February 4, 2021, the epic congestion that is hitting the ports of Long Beach and LA is anticipated to last until June 2021 thanks, in part, to record year imports and lower workforce due to COVID-19. In order to help combat the congestion, CMA CGM announced a direct route from
LA/LGB Port Congestion anticipated to last through June 2021Read More »
Any exclusions that have not already expired will be expiring December 31st, 2020 as of right now. With a new administration change to happen in January, there’s no telling what happens over the next few months. It’s possible the exclusions could be renewed, or hoping for the best, that the Section 301 duties are nixed