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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An initial trade deal between the U.S. and Japan was officially signed on October 7. This new deal will reduce or eliminate tariffs on $7 billion worth of U.S. agricultural exports. The trade deal sets forth the same agricultural access in exports that the U.S. would have received in the Trans-Pacific Partnership. Tariff reductions are…
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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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Mohawk Global Trade Advisors was proud to sponsor and speak on two panels during NEI’s G.TEC 2019 conference. Did you miss it? Not to worry, NEI has provided the presentations. Watch our trade experts, Robert Stein and Robyn Moore, go over strategies for importing and exporting in a new trade era and the new rules of duty drawback.
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President Trump announced that as of September 1, 2019, there will be 10 percent additional tariffs on everything imported from China that has not already been covered under Section 301. This has left companies brimming with unanswered questions. Robert Stein, Vice President at Mohawk Global Trade Advisors, answers the three big questions on everyone’s mind.…
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Looking for an information packed resource for export controls? Look no further, the Bureau of Industry and Security (BIS) has published the presentations from its annual conference, which was held July 9-11 in Washington. The presentations include the following topics. “600 series” Air and Space (BIS) Air and Space (NASA) Air and Space (NOAA) Census—ACE…
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Importers are facing ever-evolving constraints from U.S. Customs and Border Protection (CBP) decisions now more than ever. Achieving and maintaining compliance through Reasonable Care and proper documentation is pertinent to avoid penalties, seizures of cargo, or criminal charges. “A Tangled Web of Changing Stories and Disputed Consequences” On April 22, 2019 the Court of International Trade…
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As of June 18, 2019 MSC Mediterranean Shipping Company has been suspended from the Customs Trade Partnership Against Terrorism program (CTPAT). At this time, the suspension period is set to last for 90 days. The suspension comes as a result of this week’s incident, where shipping vessel MSC Gayane was discovered to be carrying over…
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As of May 3, 2019, U.S. Customs and Border Protection (CBP) has released the CTPAT program’s new minimum security criteria (MSC) in the CTPAT portal. Companies are expected to implement the new criteria by their annual review date in 2020. CBP has mentioned that there will be a phased roll out, although the details are…
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How do you ensure your company is compliant when dealing with sanctions? Need guidelines on how to put a sanction compliance program together? You’re in luck. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has published framework for developing an effective sanctions compliance program (SCP). This framework outlines five essential components.…
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