Understanding the Lacey Act Updates Lacey Act updates are coming! A new phase of the Lacey Act is on the horizon, and will impact global trade and the importation of plant products into the United States. As these changes take effect, it’s essential for importers and logistics professionals to understand the latest developments, ensuring compliance… Read more »
In global logistics cargo security is a shared labor of love. Ensuring the safety of shipments is not only a legal requirement but also a matter of trust and reputation. This is where TSA (Transportation Security Administration) certification comes into play, offering significant benefits to freight forwarders and their clients. What is TSA Certification? TSA… Read more »
After almost two years of ever-increasing tariff negotiations, the US and China have come to a preliminary “phase one” bilateral trade agreement. Key points of the agreement include agricultural exports from the US to China, intellectual property securities and both a reduction of current tariffs on the first three tranches of duties and a cancellation… Read more »
When the government couldn’t reach a deal on a funding bill on December 21st, due to the precarious inclusion of funding for a border wall, a shutdown began throughout the nation, furloughing workers. The issues surrounding the shutdown reach deep into the logistics industry as CBP, the TSA and other agencies are either not working… Read more »
We have covered in multiple posts the additional duties that have been placed on steel, aluminum and solar panels from countries around the world, as well as the three separate lists of goods only from China. The first two lists were proposed and implemented with duty rates of 25%. The third list which contains far… Read more »
Effective September 24, a third set of tariffs will go into effect on $200 billion of Chinese imports. Initially the tariffs will be set at 10% through the end of the year and will rise to 25% on January 1, 2019. While 6,031 tariff lines were initially proposed, the negotiation period saw the removal of… Read more »
This morning, the US Trade Representative announced a third list of HTS numbers totaling approximately $200 billion in imports from China. The escalating tit-for-tat between the United States and China shows no sign of abating and US importers and exporters are the ones directly feeling the impact. US consumers are sure to start to feel… Read more »
On Friday, June 15th, the United States Trade Representative announced that the U.S. was moving ahead with imposing a 25% duty on list of a little over 800 different harmonized tariff items from China. Customs and Border Protection will begin collecting these duties for goods entered or withdrawn beginning July 6, 2018. Following a comment… Read more »
On December 31, 2017, GSP expired. The Generalized System of Preferences is a tariff preference program for developing countries that affords US importers the opportunity to enter eligible goods from these countries duty-free. The rules and participating countries and tariff numbers are published at the front of the Harmonized Tariff Schedule. GSP-eligible goods must meet… Read more »
The commercial invoice (CI) is the record of a sales transaction and a crucial part of any import/export shipment. In a transaction, these documents record the buyer and seller’s information, detailed descriptions and quantities, trade terms, price, reference marks regarding the packaging and contents, payment arrangements, and the signature of the exporter that are agreed… Read more »