In response to heavy push back from the trade, participating government agencies, and software providers, U.S. Customs & Border (CBP) recently announced that it will delay the start of mandatory ACE entry filing from November 1 of this year to February 28, 2016. November 1 will instead mark the beginning of what Customs is calling…
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Regardless of industry, most business decisions can be boiled down to a few essential considerations. Is it worth it? What do we have to gain? Likewise, these questions should be some of the first to ponder when a company is looking into operating in a Foreign Trade Zone (FTZ). Many companies become interested in pursuing…
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How does a Customs broker prepare for mandatory ACE entry filing on November 1? For Mohawk Global Logistics, it's by ensuring their systems and software are ready before the go live date. As a compliance-centric broker, we've been working behind the scenes with Descartes Systems Group, our software provider, in anticipation of the upcoming November…
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As a follow-up to last month’s article, Trade Promotion Authority (TPA) was tagged onto the Defending Public Safety Employees’ Retirement Act and signed into law on June 29. Before TPA was enacted, supporting and opposing parties agreed on one thing: it would assist in locking down the Trans-Pacific Partnership (TPP). Also known as “fast-track,” TPA…
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On June 29 President Obama signed H.R. 1295, which retroactively renewed the Generalized System of Preferences (GSP). Long awaited by many U.S. importers, GSP’s renewal allows nearly 5,000 products from 122 designated beneficiary countries and territories to once again be eligible for duty-free entry into the U.S. However, the good news doesn’t stop there. GSP’s…
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Thousands have been evacuated throughout southern China following landfall of Typhoon Linfa earlier this week and in anticipation of incoming Typhoon Chan-hom. Typhoon Linfa hit the southern coast of China on Thursday, prompting the closure of Hong Kong International Airport that afternoon. Chan-hom is expected to touch down on Saturday in Fujian or Zhejiang province.…
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If your company competed against unfairly subsidized imports shipped between October 1, 2000 and October 1, 2007, you may be eligible for some extra cash. According to U.S. Customs and Border Protection (CBP), antidumping or countervailing duties (AD/CV) collected during this seven year period will be distributed to certain U.S. domestic companies, as the Federal…
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The Trans-Pacific Partnership (TPP), an international trade agreement being negotiated behind closed doors, continues to spark controversy among U.S exporters and the world. Originally, in 2005, TPP was a four party agreement between New Zealand, Chile, Singapore, and Brunei. Since then, the trade agreement expanded its membership to include the U.S, Australia, Canada, Japan, Malaysia,…
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The U.S. government remains concerned about efforts by front companies and other intermediaries, who are not the true final end users, to transship or reexport U.S.-origin items to the Russian Federation in violation of current export controls. To prevent unauthorized reexports to Russia, especially for transactions involving nationally security-controlled items or items listed in Supplement…
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If you think U.S. Customs & Border Protection will never implement the Automated Commercial Environment (ACE), think again. It appears Customs is charging ahead with its plan to fully launch ACE, according to an interim rule included in the Treasury Department's spring regulatory agenda. The rule requires all entry/entry summary information to be filed electronically…
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