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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When it comes to classifying your imports or exports, the tariff book can appear daunting and much too complicated to approach. How do you classify a part? What about a set with several products? Fear not, the experts at Mohawk Global Trade Advisors are here to break down the process of tariff classification to the…
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Shipping to India? A new regulation has gone into effect, as of February 18, 2019, that requires invoices to have the unit of measurement for each line item. Per Indian regulations, this unit of measurement must declare the Standard Unit Quantity Code (SUQC), which is the unit mentioned for each Harmonized System of Nomenclature (HSN)…
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If you purchase and import products that bear the UL trademark, the onus is on you as the importer to ensure the supplier applied for and received UL certification for these products prior to import. With certification also comes the authorization, or license, to use the UL mark on said products. Importers bear all the risks…
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President Trump has announced that the Section 301 tariff increase will be postponed again. This is due to "substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues." The tariffs were scheduled to increase from 10 percent to 25 percent…
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Announced on September 30th, the United States, Mexico and Canada renegotiated NAFTA and forged a preliminary trilateral trade agreement. This new agreement is known by USMCA and as NAFTA 2.0. In anticipation of NAFTA 2.0, let’s look at a few highlights of what’s different in this proposed agreement: Rules of Origin: Under USMCA, some industries…
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Earlier in March we shared an article on the importance of knowing your suppliers titled, Forced Labor and Chocolate: Do You Know Your Suppliers? The focus of that article was to inform U.S. importers of possible consequences they can face if they underestimate the importance of Reasonable Care, and to reinforce the importance of practicing…
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In August, U.S. Customs and Border Protection (CBP) announced that the Consolidated Omnibus Budget Reconciliation Act (COBRA) will increase user fees effective October 1, 2018 by 4.886 percent to adjust for inflation for Fiscal Year 2019. One fee affected by this increase is the “Minimum” and “Maximum” Processing Fees. Specifically, the "Minimum" and "Maximum" Merchandise…
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The Office of the U.S. Trade Representative (USTR) has released the official list of about $200 billion worth of Chinese imports subject to additional tariffs. This list contains 5,745 full or partial lines of the original 6,031 tariff lines that were announced back in July. Starting September 24, 2018 these items will be subject to…
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