Industry Updates

Tariff updates in progress: KoreaAustralia ( no HS changes, just duty rates )Vietnam  ( FTA rate update )Japan 2021 ( import/export/NACCS version, working in that order )  This needed to be redone.  Should be this week.Jordan ( left over from 2020...

Tariff updates in progress: Turkey.  This is taking longer than hoped, TR Customs only published a poorly formatted PDF instead of the data files they often create which has caused a delay in processing.KoreaAustralia ( no HS changes, just duty rates )Vietnam...

Tariff updates in progress: US Rev 2 for 2021 ( Sec 301 updates only )TurkeyThailandKoreaAustralia ( no HS changes, just duty rates )Vietnam  ( FTA rate update )Japan 2021 ( import/export/NACCS version, working in that order )Russian Federation countries.Jordan (...

2021 Done and published. CountryEU  EU – Export  DE DE – Export CA HKNOMXNZAU-ExportUS-ScheduleBUSBRGBCN – Jan 6th In process: CH - Switzerland TR - Turkey TH - Thailand ZA – South Africa TW - Taiwan AU – Australia ( no HS changes,...

Tariff/Country Updates for 2021: ISOCountryStatusNoteUSUnited StatespendingTypically we won't see new information until the very last days of DecemberMXMexicopending/in processMX is moving to 10 digits.  The new tariff is published and available.  Effective...

The change represents a major shift in the tariff of Mexico.  First there will be a shift from the current 2012 nomenclature to the 2017 nomenclature at the 8 digit level. ( in MX’s view, they call this “2020” ) Secondly, they are also adding 2 digits on top of...

Preliminary EU data for 2021 is available.  This usually changes again before Jan 1.   Final version will be available as close to Jan 1 as possible. Entire tariff [here].    Correlation tables [here].

Many of our clients are wondering about the GB HS codes post Brexit.  On this matter, we received a communication today from the UK Global Tariff team that confirms that GB will follow the EU tariff up to and into January of 2021.  So the correlations provided for the...

Our understanding of how Brexit is going to play out has changed with regards to the HS codes and classification.  We thought GB had posted a new tariff with a substantially different HS code structure.  This was a mistake, as it seems that the HS codes and...

US Customs & Border Protection (CBP) has increased the minimum and maximum Merchandise Processing Fees (MPF). The new fees will become effective on October 1, 2020. The ad valorem rate of 0.3464 percent remains the same. The new FY2021 MPF rates are: Minimum...