…into reduced revenue from port operations, terminal handling charges, and ancillary services. For India, the new port promises to reduce dependency on foreign ports for transshipment, thereby retaining a larger…
…for low-value shipment processing. The rule would require additional data elements to be submitted before a shipment’s arrival to verify its eligibility for duty– and tax-free entry. CBP stated that…
…critical areas of trade compliance. These include: Tariff rate quota and classification of supply managed goods Verifications on the classification of frozen desserts containing 5% of dairy products Tariff classification…
…Maximum civil monetary penalties for violations of the Export Controls Act of 2018 from $364,992 to $374,474. Effective January 15, 2025. AES Filings 13 U.S.C. 304, Collection of Foreign Trade…
…List, prohibiting them from exporting goods to the United States (US). This brings the total to 107 Chinese-based companies. These companies are suspected of using forced labor in the Xinjiang…
…is an update on where the negotiations stand. Contract Talks Have Broken Down Both the ILA and USMX announced they would return to the bargaining table in early November for…
…Global Trade Advisors. Our experts can help you navigate the complexities of international trade and ensure your supply chain is transparent, compliant, and free of forced labor. By Clarissa Chiclana…
…(CNY) and the new White House administration: Stock up on inventory to reduce reliance on just-in-time deliveries and potential duty increases. Secure warehouse space early: Book warehouse space in advance…
…free trade agreements, it is essential to ensure accuracy and compliance. Mohawk Global strongly recommends that the “responsible official” preparing the declaration have knowledge of the facts before completing the…
…are turning to strategies like Foreign-Trade Zones (FTZs) and duty drawback programs. These mechanisms allow companies to defer or avoid paying certain duties on imported goods under specific conditions. Foreign-Trade…
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