Asset Based Lending Blog/News

If You Import from China – US and China have come to a decision regarding tariffs

December 18, 2019 | Events, Announcement, Cargo, Government, Retail, Shipping, Uncategorized

Carli Valinoti, Express Trade Capital 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 […]

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Reminder – ETC Upcoming Holiday Hours

November 25, 2019 | Uncategorized

Important Upcoming Information Due to the upcoming holiday, our office will be closing Wednesday, November 27 from 3:00 through end of the day Friday. We will reopen Monday, December 2. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.

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Reminder – ETC UPCOMING HOLIDAYS

November 7, 2019 | Uncategorized

Important Upcoming Information Due to the upcoming Federal Holiday, our office will be closed Monday, November 11, 2019. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.

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Turkey Steel Tariff Returning to 50%

October 17, 2019 | Announcement, Government, Manufacturing

President Trump announced that Turkey’s tariff rate for steel products under the Section 232 would be returning to 50% in response to a military invasion from Turkey into Syria. The steel tariffs on Turkish steel was previously increased to 50% in August 2018 and then reduced back to 20% in May 2019. In addition to […]

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Reminder – ETC UPCOMING HOLIDAYS

October 7, 2019 | Announcement

Important Upcoming Information Due to the upcoming Jewish/Federal holidays, some of our financial institutions will be closed or have limited staff/limited funding on October 9 and October 14. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.

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Reminder – ETC Upcoming Holiday Announcement

September 23, 2019 | Announcement

Important upcoming information. Due to the upcoming Jewish holidays, some of our financial institutions will be closed or have limited staff / limited funding. Please contact your account officer accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience.

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