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On December 8, 2016, the Water Infrastructure Improvements for the Nation Act or WIIN passed the House of Representatives. There was strong bipartisan support with the final vote 360 yes and 61 no. Following the House vote, the Senate passed the bill on December 10, 2016
WIIN has been created with the goal of building and improving infrastructure related to trade and water resources. Also included in this act is the Water Resources Development Act of 2016 which passed the House of Representatives in September. Among other things, these acts address American harbors, dams, locks and flood control systems which are vital to US economic and trade growth.
Harbor maintenance programs are of particular interest with regards to trade. In recent years, barely half of the funds available in the “harbor maintenance trust” fund was being utilized in ports. The surplus was unfortunately being used in other federal programs leading to shortfalls in maintenance of US ports. The WIIN Act provides a path to work towards eliminating the surplus and ensuring that full funding is diverted back to its intended use by 2025.
Harbor projects are paramount to the continued competitiveness of the US in trading with the rest of the world. Improved harbors will allow larger ships to call US ports which will improve efficiencies of the supply chains and strengthen the trade community. For questions contact JAS USA Inc. Compliance!
For January, we are highlighting Ivel Martinez, our Air & Ocean Manager/FTZ Administrator in the JAS Miami office. Ivel joined JAS in November 2021 and has been instrumental in helping manage the MIA Foreign Trade Zone operations. She is very meticulous in keeping records and validating inventory control.
Ivel's parents owned one of the first CFS warehouses in Miami. Ivel has been in the industry for many years and remembers typing 7512's on a huge brown typewriter.
Ivel has been happily married for 28 years and her family is extremely important to her. She has 2 sons, and 3 puppies. Ivel loves getting together with family and enjoying good food.
Ivel is yet another great example that People Make the Difference!
Census has published the Harmonized Tariff Codes that are not valid for AES filing for 2025. The US Census department issues a list of HTS codes each year that are not valid for use when filing an AES. Those numbers for January 1, 2025 are listed in the link below.
New Section 301 China Tariffs went into effect on January 1, 2025 for five subheadings. These increases are the result of the Four Year Review and will affect imports from China of certain tungsten products, wafers and polysilicon.
The rates on tungsten products will increase to 25 percent, while the rates for wafers and polysilicon will increase to 50 percent. Affected subheadings are 2804.61.00, 3818.00.00, 8101.94.00, 8101.99.10, and 8101.99.80.
Click below to check out more details.
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