Just several minutes ago, the House of Representatives voted to extend the federal excise tax relief as brought about by the CBMA. The vote outcome was 297 to 120 in favor of extension through December 31, 2020. Next the bill will proceed to the Senate for review and approval.
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Last night lawmakers announced a tax plan which includes a one year extension of the CBMA. The CBMA was set to expire at the end of 2019 but will now be part of a larger deal to keep the government open through 2020.
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The political disruptions in France continue to get worse and worse as the month creeps closer to the Christmas holiday.
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As we advised last week, the USTR has published federal register notices in regards to the above two issues. As there are many questions surrounding the process, we wanted to try to clarify as much as possible.
Airbus case retaliatory tariffs on EU products:
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Port Performance North America
December 10-11, 2019
Newark, NJ
WSSA is attending and speaking at the JOC’s Port Performance North America Conference today!
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