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Trade Updates
We’re more than just a customs broker – we’re knowledge leaders. Stay compliant with Customs, and save on your bottom line with recent trade updates.
CBP Tightens Rules for Foreign Importers of Record (New Entry Form Requirements)
As part of implementing the interim final rule on heightened requirements for foreign Importers of Record (IORs), published November 6, 2026, U.S. Customs and Border Protection (CBP) announced three new data fields for Forms 3461 and 7501 and their electronic equivalents. The fields identify U.S. IOR eligibility, whether a broker acts as both filer and IOR on behalf of a principal, and the principal's IOR number. The changes take effect January 5, 2027.
U.S. Tariff-Rate Quotas for 2027 (Updated)
Latest: U.S. Customs and Border Protection (CBP) has announced the 2027 Caribbean Basin Trade Partnership Act (CBTPA) quota limits for eligible apparel imports. The quota period runs from October 1, 2026, through September 30, 2027, with limits of 970 million square meter equivalents for apparel and 12 million dozen for T-shirts. Eligible imports must meet CBTPA requirements to qualify for preferential tariff treatment.
2026 CBP ACE Latest Updates and System Changes (Updated)
CBP recently updated the ACE Portal application to allow businesses to request the merger of two or more ACE Portal accounts under a single top account. The acquiring entity's account owner must submit the request with a signed company letter listing the company names, account identifiers, subsidiary acquisition date, and current contact information. On October 29, CBP added a Financial Transactions tab for ACH refund authorization and automatic retrieval of available refund data.
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