USTR misses textile quota target: apparel importers keep paying 10%

Section 301 textile quota

USTR signalled the Section 301 textile tariff-rate quotas for Bangladesh, Cambodia, Indonesia and Malaysia would be feasible around September 1, but no establishing Federal Register notice has published. Covered apparel continues to enter at the flat 10 percent duty with no quota volume available.

Canada counter-tariffs hit September 8: 50% duty on $40 parcels

Canada counter-tariffs customs inspection warehouse with parcel pallets

Canada’s counter-tariffs on United States goods take effect at 12:01 a.m. on September 8, applying 15%, 25% or 50% by tariff item across roughly CAD 27.6 billion of imports. The CAD 150 courier de minimis threshold offers no protection, because the surtax attaches to classification rather than shipment value.

Signet Q2 lands September 9: $1.69 EPS meets India diamond tariffs

Signet Jewelers reports second quarter fiscal 2027 results on September 9 at 7:00 a.m. ET, with consensus at $1.69 adjusted EPS on about $1.53 billion. The print tests a raised full-year guidance floor against elevated gold costs and an unresolved US tariff position on Indian diamond imports.

CBP postpones CAPE Phase 3: $11.4bn in tariff refunds stalls

CBP has postponed CAPE Phase 3, the tranche covering roughly $11.4 billion of IEEPA tariff refunds on finally liquidated entries, with no new launch date. About 64% of the $166 billion pool has been certified, leaving $59.4 billion outstanding and a legal split between importers who sued and those who did not.