User ID
Password

 

 

COVID-19: What Trade Businesses Can Do to Respond
Source
American Shipper
Post Date
04/17/2020

The COVID-19 pandemic is disrupting supply chains worldwide and causing economic and financial hardship on countries and companies alike. However, there are actions businesses involved in global trade can take to respond to this unprecedented situation, including the following.

90-Day Duty Deferral

U.S. Customs and Border Protection briefly accepted individual requests to delay import duty payments but then stopped. Affected companies are now pushing for legislation that would require CBP to susp all import tariffs for 90 days. A dozen senators supported this idea in a March 25 letter to President Trump, saying that a duty deferral ˇ°similar to the IRS providing Americans an additional 90 days to make tax payments without incurring interest of penaltiesˇ± is a ˇ°commonsenseˇ± idea. Nevertheless, more efforts will be needed to push this measure forward against what has thus far been resistance from the Trump administratio


Title
Source
Post Date
Visit
New SALT CapCould Slash Property Tax Pain for Homeown.. American Shipper 07/07/2025
19
US Gold vs Dollar: How does dollar affect gold price?.. American Shipper 07/07/2025
18
Retiring Early? ThisStrategy Cuts Your Income Tax to .. American Shipper 07/07/2025
19
US container import tariffs averaging 21%, says Maers.. American Shipper 07/03/2025
57
More Auto Parts Could be Subject to Section 232 Tarif.. American Shipper 07/03/2025
56
Ocean Transportation Intermediary Licenses Revoked.. American Shipper 07/03/2025
57
Trump announces Vietnam trade deal, 20% tariff on its.. American Shipper 07/03/2025
63
Announces Tariff AgreementWith Vietnam July 2, 2025.. American Shipper 07/03/2025
62
GeminiCooperation adds calls on two Asia-USWC loops .. American Shipper 06/27/2025
92
Court Affirms False Claims Act Penalty Against Impor.. American Shipper 06/27/2025
108
Page : 1   2   3   4   5        [Next 5 Page]  Last Page : 77 ( 1 of 77  Total Pages )

 

 

 

Brilliant Group Logistics INC.
159 N. Central Ave. Valley stream, NY 11580
Tel : (516) 599-2406 Fax : (516) 599-0528