During the month of June 2019, MIQ was involved in a number of events throughout the logistics industry. Read industry updates, regulatory updates, and services offered by MIQ, in the June 2019 logistics link.

Regulatory Updates

USTR Releases China Tariffs List 3 Exclusion Process

On Thursday, June 20, 2019, the United States Trade Representative (USTR) published the procedure on how to request an exclusion of particular products from the Section 301 List 3 tariffs against China starting on Sunday, June 30, 2019. Read more.

Mexico Update – New Tariffs On All Imports From Mexico Suspended

On Friday, June 7, 2019, the President of the United States announced that the proposed 5 percent Mexico tariffs would be “indefinitely suspended” as Mexico has “agreed to take strong measures” to curb the flow of Central America migrants into the United States. Read more.

China Tariffs: USTR Releases Fifth Set of Exclusions

On Thursday, May 30, 2019, the United States Trade Representative office released a fifth Notice of Product Exclusions to Section 301 List 1 products currently subject to a 25 percent tariff. Read more.

India Removed From GSP

On Friday, May 31, 2019, the President of the United States signed a Proclamation to Modify the List of Beneficiary Developing Countries which removes India from the Generalized System of Preferences (GSP) effective June 5, 2019. This action is a follow-up to the initial announcement on March 4, 2019. Read more.

List 3 China Tariffs – Effective Date Delayed Until June 15

On Friday, May 31, 2019, the United States Trade Representative announced that they intend to publish a notice in the Federal Register that “extends the amount of time certain goods exported from China have to enter the United States before they will be subject to an additional tariff increase from 10 percent to 25 percent.” Read more.

Industry News

Retailers Continue to Stock Up Inventory to Get Ahead of More Tariffs

Imports at the nation’s major retail container ports are expected to continue to grow this summer as retailers stock up inventory to get ahead of higher tariffs, according to the monthly Global Port Tracker report released June 7 by the National Retail Federation and Hackett Associates. Read more.

May 2019 ISM Manufacturing ISM Report on Business

Economic activity in the manufacturing sector expanded in May, and the overall economy grew for the 121st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. Read more.

Transpacific General Rate Increases (GRI), Peak Season Surcharges (PSS) and China Low Sulfur Surcharges (LSF)

Services

International Supply Chain (ISC) Services

MIQ’s International Supply Chain (ISC) solution is a unique product using services from across MIQ to create a complete end-to-end solution. We link your origin supply chain with your destination market logistics and manage the complete service through our control tower contact structure. Our model and approach creates real value throughout the supply chain by reducing costs and improving efficiencies.

International Supply Chain (ISC) Team