CBP TRADE SYMPOSIUM IN CHICAGO – CBP sent out a formal notice that the Trade Symposium will be held in Chicago this year. The registration will open on Thursday, June 13th, at noon EST. Learn more here. This is always a great event to get up-to-date information on current trade activities. The event sells out […]
Read More… from CBP Trade Symposium announced – July 23rd-24th
Goods that were manufactured in the United States (US) and returned to the US are eligible for free entry back into the country only if: They have not undergone any advancement in value due to upgrades, repairs, improvements in condition or any other processing which would elevate the value of the item. If the goods […]
Need a good introduction to “New NAFTA”? An article written today by Robert J. Bowman, SupplyChainBrain, called “The New NAFTA: What Does It Mean For Supply Chains?”, is a great place to start. This Q&A covers topics associated with the new agreement and the potential impact to U.S. supply chains. Specifics about the new deal, called the United […]
Read More… from “The New NAFTA” – informative article from SupplyChainBrain
ACE FILING NOTICE – RECON According to to CBP CSMS# 18-000689, issued today, November 21, when filing a reconciliation for a Free Trade Agreement issue, ACE is displaying incorrect original paid amounts. Until headquarters issues further guidance, filers should submit the reconciliation header information in the Document Imaging System (DIS) when filing the reconciliation with a […]
Read More… from CSMS# 18-000689 RECONCILIATION FILING-FREE TRADE AGREEMENTS (FTA)
As just announced in CBP’s CSMS #18-000465, dated August 1, 2018, various changes to user fees will take effect on October 1, 2018. The Merchandise Processing Fee (MPF) ad valorem rate of 0.3464% will NOT change. However, note the following changes: The MPF minimum and maximum for formal entries (class code 499) will change – the […]
Read More… from Changes (again) to CBP user fees, effective October 1, 2018
On Friday June 15th, 2018, the United States Trade Representative (USTR) announced that the U.S. will follow through with 25 percent tariffs on approximately $50 billion worth of goods from China in 2018 import value (read announcement here). The list of goods covered by the order includes mainly industrially significant technology products spread across 1,102 […]
Read More… from U.S. imposes 25% tariffs on approximately $50B of Chinese goods
China’s 24 hours Advanced Manifest Regulation Update Have you been asked by your Chinese partners for additional company information for new shipment into and out of China? It is our initial understanding that for US entities the information requested is the consignee or notify party’s company Employee Identification Number (EIN). The carrier OOCL provides a […]
Read More… from Changes to China’s manifest system – what you need to know!
As announced, the U.S. Trade Representative (Trade Representative; USTR) has determined that the acts, policies, and practices of the Government of China related to technology transfer, intellectual property, and innovation covered in the investigation are unreasonable or discriminatory and burden or restrict U.S. commerce. The Office of the U.S. Trade Representative (USTR) is seeking public […]
Read More… from USTR publishes proposed action and China reacts with it’s own list