A1 Worldwide Logistics - International Shipping Company

  While it is an excellent opportunity for shippers, there are numerous challenges associated with exporting out of the US. The US is one of the world’s largest exporters and an ideal location for reaching other markets. Due to its popularity, US manufacturing companies and individual shippers have benefited from shipping internationally. Despite the benefits, exporting can pose obstacles for both experienced and inexperienced shippers. Failure to understand what to expect and how to prepare can lead to delays, financial losses, and cargo losses. This article explains the challenges of exporting from the US and how to avoid these disruptions. What Are The Challenges Associated When Exporting Out Of The US? One of the most significant challenges a shipper can face when exporting from the US is regulatory compliance. There are numerous agencies governing exportations. Examples include the US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS). Exporters ...

The US-China Trade War Continues, with the Chinese government recently charging port fees on US ships. On October 14, China began imposing fees on US-owned vessels docking in Chinese ports. The charges came after both countries agreed to reduce reciprocal tariffs imposed on each other. By April, the US had levies on China up to 145% while China had up to 125%.  In May, the countries agreed on a 90-day truce and reduced the tariffs to 30% (US) and 10% (China).  The countries extended the pause to November 10, before China retaliated with new port fees. President Trump responded by announcing that he will impose a 100% tariff on Chinese imports starting in November. Why Are The Countries In A Trade War? China and the US have been in a trade war for years due to issues such as trade imbalances and intellectual property (IP) theft, and both countries are trying to protect their economic interests. The US is also fighting against the inflow of drugs, with China being the most popul...

  n July 27, the US and EU reached a trade deal that may have avoided a potential transatlantic tariff war. In particular, the parties reached a framework for an arrangement that will set 15% on most EU (European Union) imports. The amount is down from the 30% tax that Trump threatened on EU goods earlier this month. Certain products, like pharmaceuticals, chemicals, and aircraft components, would not be impacted by the tariffs. The deal also includes the EU purchasing $750 billion in energy from the US and $600 billion in US investment. With the EU being one of the largest trading partners of the US, the agreement will significantly impact international shipping. How Did The Trade Deal Come To Be? The deal was made after a back-and-forth between the US and countries in the EU that lasted years . During Trump’s original presidency, he imposed a 25% tariff on steel and 10% on aluminum imports from the EU. The EU responded by enforcing levies on $3.2 billion worth of US goods. In Tru...