Tag: Import Duties
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The forced labor tariffs were the opening act, not the finale. With an overcapacity probe underway, sectoral security investigations maturing and new legal tools being tested, Washington’s rebuilt tariff machine has a full pipeline for the months ahead. By the US Trade Desk | Peacock Tariff Consulting WASHINGTON, July 26, 2026 The tariff week that…
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Importers have until 12:01 a.m. Tuesday to enter goods that were already on the water when the new forced labor tariffs took effect, and the fine print of the 431-page action is testing customs teams like nothing since the first China tariff waves. By the US Trade Desk | Peacock Tariff Consulting WASHINGTON, July 26,…
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A forced labor case gives the White House its most durable tariff wall yet, as new duties on 60 economies replace an expired stopgap and reset the cost of nearly every product entering the United States WASHINGTON, July 25, 2026 The United States began collecting a sweeping new round of import tariffs on Friday, imposing…
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Washington finalizes sweeping Section 301 duties on roughly 3,000 Brazilian products as Brasilia shelves immediate retaliation, promises a WTO challenge and readies a domestic support package WASHINGTON, July 18, 2026. The United States this week finalized a 25 percent tariff on a broad range of Brazilian goods, capping a yearlong Section 301 investigation and opening…
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South Korea locks in five-year anti-dumping tariffs of up to 31.55 percent on PVC paste resin from Germany, France, Norway and Sweden, a ruling that pits two embattled chemical industries against each other and signals a harder line from Seoul on low-priced imports SEOUL, July 10, 2026 South Korea’s finance ministry moved Friday to impose…
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Section 232 and Its Lasting Impact 25 percent tariffs on steel and 10 percent on aluminum from most countries have fundamentally altered cost structures for manufacturers, fabricators, and distributors. The tariffs apply to primary products and certain downstream articles. Scope of Section 232 Tariffs Steel tariffs cover flat-rolled, long, tubular, stainless, wire, and semifinished products.…
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Food and Beverage Importing Is Different F&B products face extensive FDA regulation, specialized tariff provisions including tariff-rate quotas and seasonal duties, and duty rates among the highest in the HTSUS – some exceeding 40 percent. Classification Challenges Preparation level matters (fresh vs. dried vs. canned). Ingredient composition drives classification for prepared foods. Sugar and dairy…
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The Reciprocal Tariff Era Reciprocal tariffs mirror the rates other countries impose on U.S. exports. In practice, they have created a complex, multi-layered environment that changes frequently and affects different products and countries differently. Current State of Reciprocal Tariffs Actions have been taken against a broad range of trading partners under several legal authorities. Some…
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The Price on the Invoice Is Not the Cost By the time goods reach your warehouse, additional costs have been added: freight, insurance, customs duties, processing fees, broker fees, inland transportation, and more. Many importers either do not calculate landed cost or calculate it incorrectly. Components of Landed Cost Product cost (varies by Incoterms), international…
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Tariffs Are Back at Center Stage The United States has imposed new tariffs under multiple authorities, including Section 301 tariffs on Chinese goods, Section 232 tariffs on steel and aluminum, IEEPA-based duties, and reciprocal tariff measures. Products that once entered duty-free now carry tariff burdens of 10, 25, or even 50 percent or more. How…