As reported from ustr.gov 10/28/2019 Washington, DC – The United States Trade Representative (USTR) will commence on November 1, 2019 a process for considering extending for up to twelve months certain exclusions from additional tariffs on Chinese imports that were granted last December and are set to expire on December 28, 2019. In a Federal Register notice to be published this week, USTR will provide details on the process for submitting comments favoring or opposing specified tariff exclusions. The period for submitting comments will run from November 1, 2019 to November 30, 2019. To view the Federal Register notice, click here. Downloadable forms for filing a comment are available here.
This past week John S James Company attended the South Carolina International Trade Conference in Charleston. Our own Director of Import Compliance Myra Reynolds was a featured panelist at the SCITC Customs Update. Rick Jones of the John S James Charleston office as well as JSJ Import Administrator Sean Kelley teamed up with Cole Creech and Nicolas Aboitiz of DAK Americas LLC teamed up for the Conference Golf Tournament. The foursome came in last place and won the “Most Honest Player Award”.
Incoterms® 2020 has been written and will be published later this year. The ICC (International Chamber of Commerce) does training all over the world and this event will be held in Charleston, SC on November 19, 2019. Frank Reynolds, the USA representative to the ICC for updating Incoterms for 30+ years, will be doing a seminar in Charleston on November 19. Frank is the country’s lead expert on this subject and his seminars are very entertaining and thorough. He is the author of Incoterms For Americans®. I’ve attached a flyer with the event details. We hope you can make it to Charleston for this important event for every exporter and importer. For more information, go to https://www.incoterms-for-americans.com/.
Happy Labor Day everyone . As of today the governors of FL, GA & SC have ordered mandatory evacuations for the coastal counties. As such, JAX, SAV & CHS offices will be CLOSED on TUES & WED. Given the slow speed of the storm, we may have delayed openings on THURS. Please monitor our website, Twitter (@JohnSJamesCo) and Facebook for more updates.
OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE Notice of Modification of Section 301 Action: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation AGENCY: Office of the United States Trade Representative. ACTION: Notice of modification of action. SUMMARY: In accordance with the specific direction of the President, the U.S. Trade Representative has determined to modify the action being taken in this Section 301 investigation by increasing the rate of additional duty from 10 to 15 percent for the products of China covered by the $300 billion tariff action published on August 20, 2019. DATES: For products covered by Annex A of the August 20, 2019 notice (84 FR 43304), the rate of additional duty will be