U.S. Customs and Border Protection – Update on ACE, the automated commercial environment
ACE is the Automated Commercial Environment – the single-window system through which the U.S. trade community reports import and export of goods. Customs and Border Protection (CBP) uses the data submitted through this system to determine the admissibility of goods into the U.S.
Increased Enforcement of U.S. Antidumping & Countervailing Duties
Antidumping and countervailing duties (AD/CVD) are customs charges aimed at counteracting artificially low prices on imported goods. AD/CVD rates can be significantly higher than other import duties – sometimes exceeding 400 percent of the value of the merchandise.
Exporting Goods from the United States
Every year, U.S. companies export over two trillion dollars’ worth of goods and services. If you want your business to get in on the action, it’s important to do it right – right from the start. Here's how:
Importing into the U.S. – Changes aplenty
February 2017 update We published a blog on this same topic just a few months ago (Change is in the air) and thought we should provide a few updates on developments that have occurred since. With a new U.S. administration in place, there are bound to be ongoing effects to the import/export community so check back for.
The U.S. government and “America First” – what it means to you
New leader, new direction With every new administration come new policies, and the recently-anointed President Trump’s government is no exception. And, although Trump has been outspoken about some of his planned changes, it’s still not clear if or when they will become reality.
What does Donald Trump mean to NAFTA?
Trump doesn’t like NAFTA *USMCA/CUSMA replaced NAFTA on July 1st, 2020. Read More... During the debates ahead of the U.S. election, Mr. Trump called NAFTA “the worst trade deal … ever signed in this country,” and has promised to take action on the agreement early on in his tenure as president. Trump has repeatedly.
Exporting to the U.S.? What you need to know about antidumping and countervailing duties.
Antidumping and countervailing duties (AD/CVD) are customs charges aimed at counteracting artificially low prices on foreign goods by eliminating unfair price advantages. Antidumping duties combat the practice of dumping – when imported goods are priced so low as to intentionally lose money and out-compete.
Chapter 5: Importing into the U.S. – Maximize your likelihood of success with U.S. Customs
The most effective approach to ensuring a smooth U.S. Customs experience is to take proactive measures and remain fully informed. With proper planning and by tapping into expert advice as needed, your company will be less likely to face customs inquiries and scrutiny – and penalties. Follow these steps to maximize.
Give me a break! Expanded tax and duty breaks for U.S. importers
The Trade Facilitation and Trade Enforcement Act (TFTEA) was signed into law in February of this year and brought in regulatory changes in several areas, including tax and duty exemptions at the U.S. border. Tax and Duty Breaks According to TFTEA Included in the TFTEA is an amendment to Section 321 of the Tariff Act,.
Chapter 4: Importing into the U.S. – Know Your Responsibilities
Customs brokers work with companies that import and export goods across international borders to help ease the process and reduce the possible risks associated with cross-border trade. Under the Mod Act, importers are responsible for demonstrating compliance with U.S. Customs and Border Protection (CBP) requirements –.
