When starting an online business, it is important to consider how 3PLs help with E-commerce. Third-party logistics providers (3PLs) are service providers that handle various parts of the supply chain for businesses. As the e-commerce industry has grown over the last...
International and domestic shipping could soon see new regulations reshaping logistics industry compliance. In the last few months, two regulatory decisions have impacted five major sectors of the logistics industry. These include freight brokers, freight forwarders,...
The US and Iran reach a deal to open the Strait of Hormuz following months of tension between the nations. On June 14, President Trump announced that the countries reached an agreement to end the war that closed the strait. Although Trump has not yet released the full...
International shipping could continue to feel the effect of tariffs impacting steel imports. Over the last year, the Trump Administration imposed levies on various goods shipped into the US. Along with a 10% reciprocal tariff on all countries, Trump placed tariffs on...
On May 14th, 2024, the USTR Announced strategic adjustments to Section 301 tariffs following a four-year review. U.S. trade representative Katherine Tai initially backed the retention of the Section 301 tariffs for Chinese products. However, there has been a recent strain on U.S. commerce. Due to this, President Biden supervised Tai in either revising or introducing new tariffs. The revisions are a way to counteract the current policy changes introduced by the People’s Republic of China (PRC). China has given signals that it will soon retaliate against the tariff adjustments. The Chinese government stated that the tariff changes will, “seriously affect the atmosphere of bilateral cooperation.”
Battery part – Rate increase to 25% in 2024
Electric Vehicles – Rate increase to 100% in 2024
Facemasks – Rate increase to 25% in 2024
Lithium-ion Electrical Vehicle Batteries – Rate increase to 25% in 2024
Lithium-ion Non Electrical Vehicle Batteries – Rate increase to 25% in 2026
Medical Gloves – Rate increase to 25% in 2026
Natural Graphite – Rate increase to 25% in 2026
Other Critical Minerals – Rate increase to 25% in 2026
Permanent Magnets – Rate increase to 25% in 2026
Semiconductors – Rate increase to 50% in 2025
Ship to Shore Cranes – Rate increase to 25% in 2024
Solar Cells (Whether or Not Assembled Into Modules) – Rate increase to 50% in 2024
Steel and Aluminum Products – Rate increase to 25% in 2024
Syringes and Needles – Rate increase to 50% in 2024
The USTR will issue a Federal Register notice regarding the adjustments that will outline the exclusion process and give the protocol for public comments on the tariff adjustments. A1 Worldwide Logistics is closely monitoring the changes and is prepared to guide you through the current situation. We offer solutions for adapting to the tariff increase and ensure the best course of action for the shipment. Contact A1 Worldwide Logistics at 305-425-9456 to navigate the current circumstances and ship your cargo internationally.
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