GHY discusses changes to international trade regulations and explores cutting-edge compliance strategies.
Posted August 23, 2019
The U.S. Food and Drug Administration has advised importers currently using the FDA’s Prior Notice System Interface (PNSI), that any draft Prior Notices opened over 120 day or longer will be set to CANCELLED status, as of August 24, 2019, at 10:00 PM. Continue Reading
Posted August 20, 2019
Under GHY International, Logistics & Supply Chain Management
Earlier this month, the U.S. Treasury Department declared China a “currency manipulator” after the yuan fell above the pivotal 7 to the U.S. dollar benchmark. That was viewed by many as a major escalation in the increasingly bitter trade dipute between Washington and Beijing. But what does it mean in practical terms for importers? Continue Reading
Posted August 16, 2019
In view of current developments in the US-China trade conflict, importers should be factoring the Trump administration’s Section 301 tariffs on most Chinese imports into their longer-term outlook and doing everything possible meanwhile to ensure these surtaxes are being mitigated to fullest extent possible. Continue Reading
Posted August 14, 2019
Under Canadian Customs Issues, GHY Blog, Trade Compliance News, U.S. Customs Issues
Wondering if your goods qualify for NAFTA certification? Importers, Exporters, and Producers of goods are at some point all involved in qualification of preferential treatment or NAFTA certification. Tanya Copet details qualifications, errors, misconceptions, compliance and much more surrounding NAFTA here. Continue Reading
Posted August 13, 2019
The Trump administration today announced it has decided to narrow the list of Chinese products slated to be hit with new tariffs starting next month, in an effort to avoid negatively impacting consumer spending during the back-to-school and all-important holiday shopping seasons. As a result, additional duties proposed on a wide range of goods such as cellphones, laptops, toys, etc., will be delayed until the middle of December to avoid negatively impacting consumer spending during the back-to-school and holiday shopping seasons. Continue Reading
Posted August 02, 2019
Yesterday, President Trump announced via Twitter that he plans to impose a 10% tariff on approximately $300 billion worth of products from China (“List 4”) starting September 1, 2019. Continue Reading
