Last month, US Customs and Border Protection (CBP) made a Federal Register Notice public entitled: “Distribution of Continued Dumping and Subsidy Offset to Affected Domestic Producers”. The Federal Register has been an incredibly vital line of communication between CBP and the global trade community, publishing notices almost weekly since 2003. [...]
The False Claims Act (FCA) applies to a huge range of different types of financial interactions with the Federal Government of the United States. When private companies, like importers, can result in legal exposure can result from false claims -- for payment to the government. We’ll be looking at how [...]
Some welcome news for the US trade community in regards to the trade deficit -- according to the US Bureau of Economic Analysis and the US Census Bureau, the monthly international trade deficit of the US was reduced in Spring 2021. A trade deficit occurs when a country imports more [...]
Individual or a company engaging in international trade? You ensure compliance with regulatory concerns related to the import and export of the products. When a trade occurs with international parties, compliance with all the local, state, as well as federal laws have to be assured. That's where an importer of [...]
Recently, U.S. Customs and Border Protection (CBP) issued roughly $350 million in fines against the company, American Seafoods, as well as other companies found within the supply chain. If you are an American importer, staying plugged into the various fines and decisions made by CBP is critical in ensuring your [...]
As an importer, it's essential that you make the most out of Section 321 to help keep you in the green and improve margins, while lowering overall tax liability. Moving commercial goods from the other side of the globe, navigating the logistics of your supply chain, and building a great [...]
You may have already heard that a notice was published by the US Department of Commerce on September 7, 2021. And its main focus is to create some new administrative reviews for importers under countervailing and antidumping (AD/CVD) orders. Recommended reading: What is Anti-Dumping Duty and Countervailing Duty? (AD/CVD) 4 [...]
Importers and other members of the US trade community should keep their ears to the ground for legislative and regulatory updates, as it has a huge impact in how they conduct business. Today, we'll be talking about the 21st Century Customs Framework, also known as 21CCF. It is a new customs [...]
Importers in the US need to stay abreast of what's happening along the supply chain and with the regulatory framework set forth by CBP. Today, we'll be taking a closer look at section 232. Read on for more information! What is Section 232? In a breakdown on the subject, Investopedia [...]
You don't need to be a member of the global trade community to have heard the news of the cross-border trucker vaccine mandate. With supply chains already in a compromised position due to COVID slowdowns and trucker shortages, there are concerns that the mandate will only worsen the situation. In [...]
