GHY discusses changes to international trade regulations and explores cutting-edge compliance strategies.
Posted April 01, 2019
Under Canadian Customs Issues, GHY Blog, Trade Compliance News, U.S. Customs Issues
What types of Free Trade Agreements exist? When do duty rates apply and when can they be omitted? Bob Cowie, our VP of Consulting answers these questions and covers all you need to know on FTAs here. Continue Reading
Posted March 28, 2019
With counterfeit products on the rise thanks in part to the boom in e-commerce and despite calls for coordinated action on the part of governments around the world to combat the problem, for now the onus remains with trademark owners to be proactive in guarding their interests and ensuring that the value of their intellectual property isn’t being undermined by cheap knockoffs. Continue Reading
Posted March 22, 2019
Under Trade Compliance News
The boom in e-commerce sales is driving a surge in fake merchandise and pirated goods that’s now estimated to be valued at more than half a trillion dollars or an estimated 3.3.% of global trade volumes, according to a report published by the OECD intergovernmental group. Continue Reading
Posted March 19, 2019
A summary of recent regulatory updates, notifications, and technical bulletins from the Canada Border Services Agency and other federal government departments, agencies and administrative entities concerning Canadian imports and exports. Continue Reading
Posted March 13, 2019
Aiming to create “a meaningful deterrent to importer non-compliance related to the evasion of import revenues and ensuring compliance with trade programs,” the Canada Border Services Agency has announced that effective April 1, 2019, it will be significantly hiking most of the Administrative Monetary Penalties which it charges importers when they breach various customs regulations. Continue Reading
Posted March 12, 2019
Under International Trade Issues, Trade Compliance News, U.S. Customs Issues
In order to bring the Harmonized Tariff Schedule of the U.S. into line with the Drawback data collection requirements called for by the new Trade Facilitation and Trade Enforcement Act, Customs and Border Protection has been working with other relevant government bodies to replace units of quantities that were previously listed generically (“X”) to a standardized unit of measurement (“kg”) or number. Continue Reading
