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In the News: First Sale, China Talks, Israel-Japan FTA, Shipping Charges

Thursday, January 17, 2019
Sandler, Travis & Rosenberg Trade Report

Hong Kong companies turning to first sale rule to combat 301 tariffs

Sandler, Travis & Rosenberg’s Sally Peng “says she is hearing from manufacturers of everything from tables, through car parts, to phone covers and air conditioning units which are produced in Chinese factories and exported to the US. ‘The companies that may not have that high a volume [of exports] will consider doing first sale, because they need every little bit of help that they can get,’ Peng said.”

[South China Morning Post]

Lighthizer saw no progress on structural issues in China talks, Grassley says

“‘He said that there hasn't been any progress made on structural changes that need to be made,’ Grassley told reporters on a conference call. ‘Let's say that would include intellectual property, stealing trade secrets, putting pressure on corporations to share information with the Chinese government and industries. So structure-wise not much progress, but the Chinese are coming over here in a couple weeks and there will be more negotiations,’ he said.”

[CNBC]

Israel, Japan in talks to enter FTA

“Trade between Israel and Japan, not including diamonds, amounted to $3.5 billion in 2018, according to the Israeli ministry of economy, an increase of around 20% from 2017. Import from Japan amounted to around $2.35 billion, while export from Israel to Japan reached $1.16 billion, a steep increase from the past decade.”

[CTech]

U.S. shipper fury as container lines announce street turn fees

“Carriers including Zim and HMM have announced that, from February 4, they will impose charges of between $40 and $75 for containers which are fully used in both directions.”

[The Loadstar]

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