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TRADE ALERT UPDATES
Delayed Enactment of Updated 301 Tariffs
As of 8/29/24, there are no updates from the U.S. Trade Representative’s office on the effective date or other changes for updates to Section 301 duties associated with goods originating in China.
Updated Minimum and Maximum for Merchandising Processing Fees (MPF)
The United States Customs and Boarder Control has announced that they are increasing the minimum and maximum MPF. These changes will be effective October 1st, 2024.
The Canadian Nation (CN) and Canadian Pacific Kansas City (CPKC) railways are up and running again after last week's Canadian Rail Strike. The Canada Industrial Relations Board (CIRB) imposed a Binding Arbitration between the workers and the two railroads.
While this arbitration is in place, work stoppages, including the strike notice that the Teamsters gave CN, cannot occur. Both railways and workers agreed to oblige to this ruling.
Subscribe today for exclusive insights as we unravel the answers to commonly asked questions and offer expert insights within the industry every Thursday! Check out some of our articles below:
Do you want to learn how to get money back in your company's pocket? Our latest article will explain the ins and outs of manufacturing drawback and why recent changes make it more accessible than ever. Learn how reclaiming import duties can increase export profits.
Discover 5 telltale signs it's time to outsource your warehousing and distribution. From cutting costs to regaining focus, learn how the pros can transform your business operations.
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