This special report is to update previous editions with information on the latest congressional legislation (“COVID 3.5”) and details concerning earlier bills and administrative actions. Paycheck Protection Program and Health Care Enhancement Act, H.R. 266, or (“COVID 3.5”): On April 24, the President signed H.R. 266 to appropriate some $484 billion in additional federal…
CONTINUE READINGGovernment Affairs
Administration Defers Duties on Certain Tariffs
On April 19, 2020, President Trump issued an Executive Order based on National Emergency authority declared March 13 to give the Treasury Secretary the ability to defer payments of certain import duties, taxes and fees for 90 days. This was followed by a Temporary Final Rule published April 20 by the DHS Customs and Border Patrol that states the 90-day deferral doesn’t…
CONTINUE READINGSpecial Report (2nd Edition) on Coronavirus Assistance
Federal Legislation and Administrative Actions as of April 2, 2020 This special report is to provide basic information on federal legislation and administrative actions in place to help individuals and businesses deal with the coronavirus (COVID-19 virus) epidemic. Congress passed and the President signed a $2 trillion recovery bill (the CARES Act) on March 27, and…
CONTINUE READINGCombatting Counterfeit and Pirated Goods
On July 24, 2019, IHA President Derek Miller submitted comments to a U.S. Dept. of Commerce notice seeking input on how to curb the importation and sale of counterfeit products. IHA’s comments noted that legitimate businesses like those belonging to IHA are victims of counterfeit goods that are sold by bad actors and often directly compete with goods produced by IHA…
CONTINUE READINGTrade, Tariff and Postal Shifts
On Jan. 15, President Trump and Chinese Vice Premier Liu He signed the Phase One trade agreement between the U.S. and China consisting of seven chapters on intellectual property rights, technology transfer, food and agricultural products, financial services, exchange rate matters and transparency, expanding trade, and bilateral evaluation and dispute resolution procedures. The…
CONTINUE READINGTrade and Tariff Developments for 2020
Significant progress has been made with regard to the issue of tariffs in the trade dispute between the United States and China. The USTR announced on Dec. 13, 2019, the completion of a Phase One trade agreement with China. U.S. tariffs on List-4B products that were subject to 15% duties set to commence on Dec. 15, 2019, were cancelled, and tariffs on List 4A products…
CONTINUE READINGEfforts to Correct the Universal Postal Union (UPU) Problem Spark Further Changes
In a recent article posted on the Bloomberg website, IHA member Mighty Mug was singled out for successfully drawing the President’s attention to a vast disparity in shipping rates between U.S. and Chinese companies. The efforts to correct the United Postal Union (UPU) problem are possibly leading to other changes in US foreign policy and specifically with the U.S.’s…
CONTINUE READINGTrade and Tariff Saga Continues
Trade and tariff issues are a priority on the IHA’s government affairs agenda, with tariffs on China being the main concern. Hopefully, a “phase one” deal between the U.S. and China can be finalized to bring some relief from the 16-month trade war that’s disrupted global supply chains, but until a deal happens the tariff exclusion process and/or sourcing alternatives to China…
CONTINUE READINGUPU Agreement a Win for Housewares Industry
The housewares industry realized a victory when the Universal Postal Union (UPU) agreed in September to revise international shipping rates to not discriminate against U.S. shippers. Founded in 1875, the UPU sets postal rates among its member countries and had a formula where it cost about $20 to mail a small parcel in the U.S., but about $5 from China to the U.S. The…
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