Continuous Bond Insuficiency – Due to SECTION 232/301 TARIFFS

Another thing that these Section 232 and Section 301 tariff increases will bring to the importing public is the probable shock of finding that their current Annual Continuous Bond is no sufficient to cover 10% of the duty money’s paid in a calendar years period.  If you thought it was bad enough having to pay 10% or 25% duty on the goods you import into (or ship to) the United States, the next ripple effect will be that the bond underwriters (the people that underwrite your annual U.S. Customs... Read More

Sinks made in China – Anti-Dumping Duty

Customs and the International Trade Commission has reported their preliminary finding on Anti-Dumping duties on Drawn Stainless Steel Sinks made in China.  Preliminary Anti-Dumping duty rates appear to range from 53% to 74% of the value.  The date of the Preliminary finds appears to be Oct 4th, 2012.  Again the sinks are drawn stainless steel sinks finished or unfinished with or without faucets, mounting clips, fasteners, seals, and sound-deadening pads.  For further information on the complete... Read More