Trade Updates
We are more than just a customs broker – we’re knowledge leaders. Stay compliant and save on your bottom line with recent updates.
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U.S. AD/CV Updates: February 2021
Could the current antidumping and/or countervailing duty cases affect you as an importer/producer/supplier? Find out all the details .
Alert: Safe Food for Canadians Import Licence Validation
The Canadian Food Inspection Agency has announced that starting March 15, transactions covering a wide range of commodities will be rejected unless the registration number of a valid Safe Food for Canadians license is entered on the customs import declaration.
New North American Trade Agreement Will Enter Into Force July 1, USTR Says
With the notification to Congress, the U.S. became the third country to have completed its domestic legislative procedures needed to implement the deal, the final step necessary for the USMCA to take effect this summer. However, some are doubtful the three countries can achieve a comprehensive implementation in such a short time.
De Minimus Thresholds Under USMCA
Frequently highlighted by many as a positive outcome from renegotiation of the North American Free Trade Agreement, the new trade deal between the Canada, Mexico and the United States raised the so-called de minimus thresholds under which low-value parcels can be imported duty/tax free, usually with a simplified customs process.
Canadian Duty Drawbacks: A Risk-Free Way to Recover Money
Duty drawback is a customs program administered by the Canada Border Services Agency that is designed to help Canadian companies be more competitive in the global marketplace by allowing them to fully recover the duties, taxes and other fees paid on imported goods that are later exported from the country under certain conditions.
Modernizing De Minimus: Upcoming New ‘Section 321’ Requirements for Truck Shipments
As part of an effort to modernize the handling of certain low-value imports, U.S. Customs and Border Protection has announced that beginning next year all commercial truck shipments containing “Section 321 merchandise” will be required to file an advance electronic manifest in accordance with the guidelines specified in the Trade Act of 2002.
Ask George: What’s The Democratic View on Free Trade?
The 2016 Presidential Election was among the most divisive in US history. On November 8,2016, President Donald J. Trump prevailed over former Secretary of State Hillary Rodham Clinton, to secure the presidency until the 2020 election. Among the more popular tenets of his platform was a firm stance on international trade, which was often referred to as...
Ask George: What’s The Republican View on Free Trade?
The 2016 Presidential Election was among the most divisive in US history. On November 8,2016, President Donald J. Trump prevailed over former Secretary of State Hillary Rodham Clinton, to secure the presidency until the 2020 election. Among the more popular tenets of his platform was a firm stance on international trade, which was often referred to as an “America-first” policy.
Using Key Performance Indicators to Manage for Compliance Success
In our latest white paper we examine how leading traders use KPIs to track a range of trade compliance variables; both those which support their routine functions and operational business objectives, but also more existential ones that are more broadly aligned to the organization’s vision, mission, values, strategy, risk intelligence, and brand reputation.
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