Effective January 13, 2021, the CBP has issued a Withhold Release Order (WRO) that all U.S. ports of entry, U.S. Customs and Border Protection (CBP) will detain cotton products and tomato products produced in China’s Xinjian Uygur Autonomous Region. The WRO will detain the following products from China’s Xinjian Uygur: Apparel, textiles, tomato seeds, canned tomatoes, tomato sauce, and other goods made with cotton and tomatoes.
The CBP will begin detaining shipments that “exploit forced labor laws at any point in their supply chain, including the production or harvesting of the raw material”. The agency identified the following forced labor indicators through the course of its investigation: debt bondage, restriction of movement, isolation, intimidation and threats, withholding of wages, and abusive living and working conditions.
After months of negotiation, the US and China have announced that they have come to an agreement on trade. The US will cut the current taxes on $120 billion of Chinese goods from 15% down to 7.5% and has decided to not move forward with adding tariffs to the rest of the $160 billion Chinese goods. This will take effect on December 15, 2019. A 25% tariff rate will continue to stay in place on approximately $250 billion worth of US goods. In return, China has agreed to increase its purchases of US goods and services along with around $40-50 billion in agriculture products.
We are proud to announce that photos from our annual holiday party are featured in this month’s issue of Fashion Mannuscript on pages 14-15! We are thrilled that the event was such a success and grateful to all of our clients and colleagues who helped make it a wonderful evening.