On the Hill in D.C. this past Friday, President Trump gave confirmation that the US will move ahead with imposing new tariffs on Chinese manufactured goods. A hot topic as of late, it is the most recent development in the US trade war aimed at international goods. The latest tariffs add approximately 25% duty to […]
In the midst of skyrocketing oil costs, Steamship Lines across the world are preparing to re-align the Bunker Adjustment Factor, or BAF for short, on trade lanes across the world. Recent announcements indicate an immenent emergency charge termed “Emergency Bunker Surcharge” or EBS for short. Global trade destinations outside the United States fell subject to
The China Customs Advanced Manifest, or CCAM for short, has been in place since 2014 and represents China’s ongoing interest to better understand and retain useful information related to products imported to, exported from, or passing through China’s port infrastructure. The General Administration of Customs (“GAC”) has released the Announcement No.56 providing clarity on adjustments