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Industry NewsCustoms Brokerage News
Eastern News | |
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Panama Canal raises draught for Neo-Panamax locks | |
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Ningbo explosion closes port, adds to worsening Asian bottlenecks | |
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Ocean carriers face new FMC rules on dealing with US exporters | |
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As of October 1, 2024, several customs user fees will be updated according to the General Notice (89 FR 59126) published on July 22, 2024, in compliance with the FAST Act. Key changes include:
1. Merchandise Processing Fee (MPF):
- Ad valorem rate remains at 0.3464% - Minimum fee rises from $31.67 to $32.71 - Maximum fee increases from $614.35 to $634.62 2. Surcharge for Manual, Formal Entry/Release: $3.93 3. Fee for Informal Entry/Release (automated): $2.62 4. Express Consignment Carrier/Centralized Hub Facility Fee: $1.31 per individual waybill/bill of lading 5. Passenger Arrival Fees: - Commercial Vessel or Aircraft: $7.20 per passenger - Passenger Arrival from Exempt Areas: $2.53 per passenger 6. Commercial Truck Arrival Fee: $7.20 (note: the total Single Crossing Fee including USDA’s $12.40 AQI fee is $19.60; after 18 crossings, only the $12.40 AQI fee is required) 7. Dutiable Mail Fee: $7.20
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U.S. delays tariff increases on Chinese imports | |
The U.S. Trade Representative’s office announced a delay in implementing steep tariff increases on a range of Chinese imports, including electric vehicles, batteries, and medical products. Originally set for August 1, the tariffs will be postponed by at least two weeks as over 1,100 comments from stakeholders are reviewed. The proposed tariffs, part of a broader strategy to protect U.S. industries and jobs from inexpensive Chinese imports, include significant increases on EVs, semiconductors, and medical equipment. The USTR will finalize its decision in mid-August, with the tariffs expected to take effect approximately two weeks after the announcement. | |
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Eastern Supports RMHC-CNI at Annual Golf Classic | |
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Our mailing address is: One Pierce Place, Suite 460 E, Itasca, IL 60143
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