GHY discusses changes to international trade regulations and explores cutting-edge compliance strategies.
Posted September 27, 2019
Under Logistics & Supply Chain Management, Trade Compliance News, U.S. Customs Issues
Importer of Low Value Goods? Stay compliant. Changes to ACE are on their way with CBP's pilot testing. Find out what the required data elements are and further details here. 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 July 11, 2019
Under Canadian Customs Issues, GHY International, International Trade Issues, Logistics & Supply Chain Management, Trade Compliance News, U.S. Customs Issues
Often highlighted as a positive outcome from renegotiation of NAFTA, the new trade deal struck last year between the Canada, Mexico and the United States will raise the so-called de minimus thresholds under which low-value parcels can be imported duty/tax free. That is, once the USMCA makes it through a highly polarized Congress... Continue Reading
Posted June 03, 2019
Under International Trade Issues, Logistics & Supply Chain Management
China has for the first time established a process that will become effective June 3 to exclude some U.S. imports from its retaliatory tariff countermeasures that were imposed following the latest tariff hike by the Trump administration, while in the U.S. the public comment period remains open until June 10 and importers await a new exclusion process to cover previous tranches of higher tariffs levied by Washington. Continue Reading
Posted May 21, 2019
Under GHY Blog, Logistics & Supply Chain Management, Risk Management, Trade Compliance News, U.S. Customs Issues
Our Senior Textile & Apparel Specialist - Lynne McGowan details how she plans to ensure that apparel importers remain compliant with U.S. Customs and save on their bottom line, if the 25% duty (List 4) on textile/apparel imports comes into force. Continue Reading
Posted May 20, 2019
Under Canadian Customs Issues, International Trade Issues, Logistics & Supply Chain Management, Risk Management, Trade Compliance News, U.S. Customs Issues
The Trudeau government released a joint statement this afternoon confirming earlier reports that Canada and the United States have agreed to eliminate within the next two days all of the tariffs and retaliatory countermeasures that were imposed last year in a bitter dispute over cross-border trade in steel and aluminum products. Continue Reading
