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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U.S. Customs Border and Protection (CBP) recognizes that Section 232 and 301 tariffs are having a significant impact on continuous bond amounts and expect to see an increase in insufficient bonds in the coming months. In the meantime, CBP is urging importers, brokers, and sureties to be mindful when determining bond sufficiency based on Section…
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Is your company still on the fence about participating in Customs Trade Partnership Against Terrorism (CTPAT)? Are these benefits not enticing enough? less CBP examinations front of the line inspections possible exemption from Stratified Exams shorter wait times at the border assignment of a Supply Chain Security Specialist access to the Free and Secure Trade…
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In response to the Trump administration’s recent proposed tariffs on $200 billion worth of Chinese goods, China has announced their own proposed list of additional 10 percent tariffs. Some of the major items by value on this 10 percent tariff list are food preparations, lasers other than laser diodes, and cast glass sheets. These are…
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The Office of the United States Trade Representative (USTR) has finalized list two of Section 301 tariffs on Chinese products. The list contains 279 tariff lines—about $16 billion worth of imports from China—and will be subject to a 25 percent additional tariff. Customs will start collecting these additional duties on August 23, 2018. A Federal Register…
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