September 17, 2020

U.S. Customs to Eliminate Low-Value Duty Exemptions for Imports

SUMMARYU.S. Customs and Border Protection (CBP) is preparing a regulatory change that would eliminate the $800 de minimis exemption for imports subject to Section 301 tariffs, according to a proposed rule submitted by CBP to the Office of Management and Budget (OMB) on September 2, 2020. BACKGROUNDThe de minimis rule, according to U.S. Customs regulation […]

September 10, 2020

U.S. Trade Relations with China Today

SUMMARYThe United States is using a multi-tiered approach to address unfair economic practices by China, including punitive duties on import products and restrictions on U.S. exports. BACKGROUNDThe Trade Act of 1974 (Section 301) authorizes the President to take all appropriate action, including retaliation, to obtain the removal of any act, policy or practice of a […]

July 31, 2020

U.S. Ramps Up Trade Tensions with the EU

SUMMARYThe United States and European Union have both made recent announcements regarding two disputes: the World Trade Organization judgement against the EU in the Airbus subsidies case, and the proposal by France and other EU nations to enact a digital services tax on total annual revenues generated by some companies providing digital interface services or […]

July 9, 2020

Export Restrictions Imposed on Hong Kong and China

SUMMARYOn June 30, 2020, China adopted a contentious national security law that allows Beijing to override Hong Kong’s judicial system and target political opponents in the city, stripping the territory of autonomy promised under the 1997 handover agreement with Britain. Effective the same day, the U.S. Department of Commerce suspended regulations affording preferential treatment to […]

June 19, 2020

Digital Trade War on the Horizon

SUMMARYThe U.S. Trade Representative announced June 2 that their office is investigating Austria, Brazil, the Czech Republic, the European Union, India, Indonesia, Italy, Spain, Turkey, and the United Kingdom for implementing or planning to put forward new taxes on digital services. The subject has sparked division between the U.S. and France before, and it could […]

May 20, 2020

USMCA Replaces NAFTA on July 1

SUMMARYOn Friday, April 24, the U.S. Trade Representative announced the readiness of the United States to participate in the revised United States Mexico Canada Agreement (USMCA). Finally, with the agreement of all the participants, the implementation of the new agreement is slated to take effect on July 1, 2020. BACKGROUNDSigned in 1992, the stated purpose […]

May 6, 2020

FEMA Publishes Exemptions to PPE Export Ban

SUMMARYOn April 10, 2020, the Federal Emergency Management Agency (FEMA) published a directive halting the export of five types of personal protective equipment (PPE) from the United States without explicit approval. The directive was authorized by the President under the Defense Production Act (50 U.S.C 4511(a)) which gives him the authority to allocate materials, services, […]

April 29, 2020

COVID Fraud is Far-Reaching

SUMMARYFear is pushing the U.S. Administration to issue policy changes, both in an attempt to secure imported and domestic supplies of personal protective equipment (PPE) and to stimulate an economy reeling from the domino effect of a global supply chain in crisis. This environment of speed and greed is fraught with those who would take […]

April 3, 2020

A Message from Our CEO

Difficult times like the ones we find ourselves in now often bring people together. At ICAT, we do so by keeping our team informed in an open and transparent manner, assisting wherever possible for clarification and understanding. We feel our transparency and ‘everyone matters’ approach enables our teammates to focus their time on our customers […]

March 13, 2020

An update on Coronavirus (COVID-19)

How ICAT Logistics is Preparing As the world is faced with the Coronavirus (COVID-19) crisis, the safety of our employees, customers, and partners, as well as our ability to service our customers’ accounts seamlessly, are top priorities for us at ICAT Logistics. We are monitoring this developing situation daily. Our team is reviewing reputable news […]

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