Understanding Customs Compliance
Customs compliance… It sounds important, doesn’t it? Well, it sure is! You’ve certainly heard of customs compliance, but do you fully understand what’s involved?
Importing Wood Packaging Material into the U.S.
The U.S. government regulates the import of all wood and wood-containing products into the U.S. And, because these items can carry and introduce harmful pests, their import is tightly monitored. Material made of wood that is used as packaging (such as crates, pallets, dunnage, etc.) is also subject to import.
The end of NAFTA: What would it mean?
*USMCA/CUSMA replaced NAFTA on July 1st, 2020. Read More... The matter of trade was front and centre in Trump’s 2016 presidential campaign. Since gaining office, he has repeatedly threatened to terminate NAFTA if Canada and Mexico don’t go along with the major changes he’s after – changes that, naturally, favour the.
Change to U.S. Merchandise Processing Fees effective Jan 1st 2018
Every shipment of goods imported into the U.S. is subject to a Merchandise Processing Fee (MPF). The MPF has been in place for thirty years and its impact should be taken into account when considering all the costs of importing goods to the U.S. U.S. Customs and Border Protection (CBP) announced in a recent Federal.
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.
The Difference Explained: Part 2
Quota vs. duty The words quota and duty are thrown around a lot when we’re talking about a country’s trade, economy and GDP – and the two are related in that they serve to control the impact on a country of importing goods. …but let’s delve a little deeper.
Oops! Mistakes happen
Have you ever worried that you might have missed something when filling out your customs paperwork? As an importer, you know how important it is to accurately declare your goods and back everything up with the correct documentation.
How to avoid delays at the border
Are your goods getting stuck at the border, and you’re wondering why? Delays at the border can be frustrating, stressful and costly – and they’re also avoidable!
Company Compliance Programs: An essential part of your business
Because importers… not their brokers, not their suppliers… are ultimately responsible for customs compliance, sound compliance practices need to be woven into the culture of any company that moves goods across the border.
The Difference Explained…
Tariff vs. duty The words tariff and duty are often used interchangeably, but there is a difference in their meaning and usage. In essence: When a government and the economy are mentioned, the word tariff is more commonly used; when the rates and the amount paid or owing are discussed, the word duty is more commonly.
