Dear Valued Customer, Following the July 6 implementation of Section 301 List 1 tariff and prior to finalization of List 2, the Office of the United States Trade Representative (USTR) released List 3 on July 10. List 3 seeks to impose a 10% tariff on $200 billion in goods from China and could potentially impact 6,031 products. Of the extensive product range indicated in List 3, electronics, furniture, automotive parts, chemicals, textiles and food products are among the categories affected most by dollar amount as well as number of listed tariff codes. The proposed List 3 tariff is expected to go into effect after a comprehensive review process by the Section 301 Committee. At this time, both lists 2 and 3 remain under review with formal hearings scheduled for July 24 and the end of August respectively. The dates at which US Customs and Border Protection (CBP) will begin collecting duty for the List 2 at 25% and List 3 at 10% have not been determined yet. To help ascertain if this policy will impact your shipments, you may find the Harmonized Tariff Schedule of the United States (HTSUS) subheadings pertaining to your imports on your CBP Entry Summary Form 7501. It is important to note these lists are tentative and in no way finalized. Based on your import history with OEC Group, we are following up individually with each of our brokerage service customers who may be affected by these proposed tariffs by the end of this week. It is imperative that you also check with your licensed US customs broker to determine if your imports fall under any of the Section 301 lists. For the proposed List 2 affected products and their harmonized tariff subheading numbers, please see the link below: https://ustr.gov/sites/default/files/enforcement/301Investigations/List%202.pdf For the proposed List 3 affected products and their harmonized tariff subheading numbers, please see the link below: https://ustr.gov/sites/default/files/301/2018-0026%20China%20FRN%207-10-2018_0.pdf OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops. Should you have any questions regarding this update, please contact your OEC Group sales representative. Sincerely yours, OEC Group The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com
Dear Valued Customer, Effective August 1, 2018 General Rate Increase (GRI) has been filed for all cargo imported from Asia ports of loading, to U.S.A., Canada, and Mexico ports/ramps of discharge. The proposed increases are as follows: General Rate Increase - August 1, 2018 USD 900 / 20' USD 1000 / 40' USD 1125 / 40' HQ USD 1125 / 40' Reefer USD 1266 / 45' USD 1600 / 53' As it is not possible to predict the future market based on the current trade conditions, OEC Group will continue to monitor the situation as it develops. Should you have any questions regarding this update, please contact your Sales or Customer Service representative. Sincerely yours, OEC Group The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com
Dear Valued Customer, Following the recent release of Section 301 Tariffs by the United States Trade Representatives (USTR), 818 of the original 1,333 declared products will be subject to an additional 25% duty effective July 6, 2018. List 1 is comprised of the 818 products published by the USTR on June 15, 2018; List 2 currently remains under review by the Section 301 Committee. The full proposed list is expected to impact an estimated 50 billion dollars worth of US imports from China. To help ascertain if this policy will impact your shipments, you may find the Harmonized Tariff Schedule of the United States (HTSUS) subheadings pertaining to your imports on your Customs Border Protection (CBP) Entry Summary Form 7501. The first two digits of the HTSUS codes indicate which chapter your imports are classified under, please see the below list to determine if your shipments are within a targeted chapter. It is important to note that these tariffs do not cover the chapters listed below in their entirety, but they apply exclusively to the specific HTSUS codes outlined by the USTR in List 1. Affected products included in List 1 are outlined under the following chapters of the USTR Harmonized Tariff Schedule: 24 - Tobacco and manufactured tobacco substitutes 40 - Rubber and articles thereof 84, 85 - Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof; Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers, and Parts and Accessories of Such Articles 86, 87, 88, 89 - Vehicles, Aircraft, Vessels and Associated Transport Equipment 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof For the official List 1 affected products and their harmonized tariff subheading numbers, please see the link below: https://ustr.gov/sites/default/files/enforcement/301Investigations/List%201.pdf Please be advised that List 2 is subject to change as it remains under review by the Section 301 Committee. For List 2 affected products and their harmonized tariff subheading numbers, please see the link below. https://ustr.gov/sites/default/files/enforcement/301Investigations/List%202.pdf OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops. Should you have any questions regarding this update, please contact your Customs Brokerage representative. Sincerely yours, OEC Group The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.comhttps://ustr.gov/sites/default/files/enforcement/301Investigations/List%201.pdf
Dear Valued Customer, Since the discovery of a broken support cable on May 14, the James B. Edwards Bridge leading into the Port of Charleston Wando Welch Terminal has been under construction. The Port of Charleston has been extending gate hours in an effort to mitigate construction related delays. Although there is currently no sign of serious backup at the Port of Charleston, the westbound bridge closure has caused commuters and truck drivers to experience increased congestion and delays moving to and from the terminal. The Department of Transportation reports bridge construction is expected to conclude on June 11. Should you have any questions regarding this update, please contact your Sales or Customer Service representative. Sincerely yours, OEC Group The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com
Dear Valued Customer, Pursuant to our May 30 advisory regarding China Customs Advance Manifest (CCAM) Regulations, please refer to the the following list of data points required by General Administration of Customs, P.R. China (GACC) prior to arrival or departure within the timeframes prescribed per mode of transportation for all imports to, exports from, and transshipments via China on or after June 1, 2018. In an effort to prepare our clients to comply with the new standard, OEC Group representatives may reach out to you in case of any missing information: 1. Shipper Contact Number 2. Shipper Specific Contact Name 3. Shipper Enterprise Registration Code or Unified Social Credit Code 4. Consignee Contact Number 5. Consignee Specific Contact Name 6. Consignee Enterprise Registration Code or Unified Social Credit Code 7. Notify Party Contact Number (applicable if consignee is to order) 8. Notify Party Contact Name (applicable if consignee is to order) 9. Notify Party Enterprise Registration Code or Unified Social Credit Code (applicable if consignee is to order) 10. Complete and accurate brief description of goods The above data points are required at the House Airway Bill of Lading (HAWB) level for all airfreight shipments across the board. With regard to ocean transport, it remains inconsistent at this point by each region in China whether the information must be listed on the House Bill of Lading (HBL) and/or Master Bill of Lading (MBL). Should you have any questions regarding this update, please contact your OEC Group Customer Service representative. Sincerely yours, OEC Group The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com
