CBP Issues Several Publications on the USMCA Rules of Origin

CBP Issues Several Publications on the USMCA Rules of Origin

The United States-Mexico-Canada Agreement (USMCA) took effect on July 1, 2020. To provide guidance, U. S. Customs and Border Protection (CBP) has issued several publications regarding the rules of origin for those seeking USMCA preferential tariff treatment. USMCA Interim Final Rule The interim final rule, concerning the USMCA’s rules of origin, was published in the…

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Fact Sheets: Differences Between USMCA & NAFTA

Fact Sheets: Differences Between USMCA & NAFTA

With the U.S.-Mexico-Canada Agreement (USMCA) taking effect on July 1, U.S. Customs and Border Protection (CBP) has posted a series of fact sheets on the requirements and differences between USMCA and the former North American Free Trade Agreement (NAFTA). NAFTA has been in place since January 1994 and will end following the implementation of USMCA,…

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From Civil to Criminal: Increased Enforcement of Forced Labor Violations

From Civil to Criminal: Increased Enforcement of Forced Labor Violations

In the latest series of developments, U.S. Immigration and Customs Enforcement (ICE) plans to launch criminal investigations—within the next two years—against executives whose companies have benefited from forced labor in their supply chains. This is a considerable step up from limiting prosecutions to civil penalties, as criminal proceedings could end in 20-year prison sentences for…

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Penalties Increase for Export Violations

Penalties Increase for Export Violations

The Department of Commerce and Department of State have increased the civil monetary penalties for export violations to account for inflation. Regardless of when the violation occurred, it is important to recognize that these new amounts are retroactive and can be charged against each violation. Here is a summary of the penalty increases: The maximum…

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U.S.–Japan Trade Agreement: Preferential Tariff Treatment

U.S.–Japan Trade Agreement: Preferential Tariff Treatment

The U.S.–Japan Trade Agreement is effective as of January 1, 2020. U.S. Customs and Border Protection (CBP) has issued the requirements for those looking to claim preferential treatment under this trade deal. In order to receive preferential treatment, goods must originate and meet all the requirements under the agreement. The filing instructions are as follows:…

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Do I Need an Export License?

Do I Need an Export License?

As an exporter it is your responsibility know if you need an export license. On top of that, it is your responsibility to know who you’re exporting to and to watch for red flags. To help, the Bureau of Industry and Security (BIS) has published guidance for exporting to Pakistan, Saudi Arabia, and UAE. But…

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