The Calm Before Brexit’s Border Storm
On the day the U.K. makes its final break with the European Union, the ports are clear of truck backups, goods are moving smoothly and grocery-store shelves are well stocked. Even so, U.K. businesses that rely on some 1.2 billion pounds ($1.6 billion) worth of products crossing the border each day are taking no chances. At 11 p.m. Thursday, Brexit...
Yangon Office New Location
TO: ALL VALUED CUSTOMERS / AGENTS / PARTNERS: Speedmark Logistics Company Ltd Hanoi office moved effective July 1, 2020. NEW OFFICE ADDRESS: Room No. 302A, The Leaf Office Tower, No. 204, Dhamathuka Kyaung Street, 7 Quarter, Hlaing Township, Yangon, Myanmar Telephone: + 95-1-513192 Fax: +95-1-2304310 For all business transactions, correspondence and consignment, please contact us at the new address as...
New China Tariff Exclusions – 9903.88.46
The United States Trade Representative (USTR) has released new China Tariff Exclusions from list 3. See page 6 (9903.88.46) list of products. The exclusions are retroactive to September 24, 2018 and expire August 7, 2020 unless renewed.
COVID-19 ~ 90 Day Postponement of Payment for CBP Duties
U.S. Customs and Border Protection (CBP) announced on April 19, 2020 the availability of postponing Customs Duties, Taxes and Fees for 90 days. In order to qualify, importers must be experiencing a significant financial hardship due to the Coronavirus (COVID-19). Customs defines financial hardship as: “An importer will be considered to have a significant financial hardship if the operation of...