Import Export Customs Compliance and Trade News

Trade and customs compliance and regulation news that affect import, export, transportation, logistics, and supply-chain industry and how you do business.

USTR Signals Administration's NAFTA Intent

USTR Signals Administration's NAFTA Intent
Last week, the Acting U.S. Trade Representative circulated a draft letter through Congress outlining the administration’s intentions towards modernizing the NAFTA.  The internet has been abuzz with details about the letter.  For those that wish to read it,  it was posted here. Unlike the past year’s campaign rhetoric, the letter shows a willingness to update the NAFTA and not to terminate it. Some of the provisions regarding labor, environment, intellectual property rights and e-commerce sound very much like provisions already agreed upon under the TPP to which Canada, Mexico can the U.S. were all a part.  These would be welcome additions.   The letter contains statements about reducing the trade deficits.  This may be a challenge as the method of measuring trade between the three countries is far from an exact science.  For example, every dollar of goods imported from Mexico includes $.40 of U.S. content.    Another open question is...
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LOL

LOL
In the world of Internet Slang, the abbreviation “LOL” means “Laughing Out Loud”.  But, in the highly complex and regulated world of global trade compliance, it has a completely different meaning – Letter of the Law!  This is essentially how U.S. Customs and Border Protection (CBP) interprets the intricate world of global trade.  While it’s sometimes confusing and laced with “legalese”; its all right there in black and white; the Tariff Act of 1930 (as amended), and the Customs Regulations of the United States.  Companies engaged in foreign commerce need one or more individuals on their staff who can successfully interpret those regulations and laws and apply them to the company’s business model.  Without such expertise on staff a company must solely rely on its customs broker which is a very dangerous recipe for non-compliance.  Why?  Because first and foremost, without a trade compliance manager or department, the company has little or no oversight of their import...
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Why the Loss of US Manufacturing Jobs?

Why the Loss of US Manufacturing Jobs?
The Mystery of Loss of US Manufacturing Jobs is Solved We’re seeing hours of media discussions about loss of US Manufacturing jobs with few commentators discussing the facts. Washington continues to say that free trade with Mexico is hurting the US economy and siphoning off manufacturing jobs to Mexico at the expense of the US worker. But is this the whole story? What do the numbers actually show? The Decline in Manufacturing Jobs Manufacturing jobs in the US have certainly been on the decline for several years in the US. But are the North American Free Trade Agreement (NAFTA) and trade with Mexico to blame? According to government numbers, about 12.3 million US workers are employed in manufacturing jobs – fewer than one in ten workers or just 8% of the workforce. In 1960, that number was one in four or 24% of the workforce. Since 2000, the US has lost...
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Leveraging The U.S.-Mexico Relationship To Strengthen Our Economies

Leveraging The U.S.-Mexico Relationship To Strengthen Our Economies
Tied together by both an accident of geographic proximity and through the deliberate integration institutionalized in the North American Free Trade Agreement (NAFTA) and other economic accords, the United States and Mexico have seen their economies become deeply intertwined. According to data from the U.S. Census Bureau, the U.S. Commerce Department’s Bureau of Economic Analysis, and the Organization for Economic Cooperation and Development (OECD), trade between the United States and Mexico has grown tremendously since the 1990s, with bilateral goods and services trade in 2015 reaching a total six times greater than before NAFTA was implemented in 1993. In 2015, bilateral trade reached $584 billion dollars, meaning that the United States and Mexico trade more than a million dollars’ worth of goods and services every minute. The United States is Mexico’s top export market, and Mexico is the second-largest foreign buyer of U.S. goods, second only to Canada. The bilateral trade...
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31,560 Shipments Were Seized by CBP in 2016 for ONE Reason

31,560 Shipments Were Seized by CBP in 2016 for ONE Reason
Last year, on a typical day the U.S. Customs and Border Protections (CBP) seized about $3.8 million worth of products because of Intellectual Property Rights (IPR) Violations. CBP reported that the total number of IPR seizures has increased nine (9) percent since last year, from 28,865 in 2015 to 31,560 in 2016. With the manufacturer’s suggested retail price (MSRP) exceeding $1.3 trillion. What is Causing the Increase in Seizures? Recordation of Trademark And Copyright With The CBP In addition to registration of IPR with the U.S. Patent and Trademark Office (USPTO for trademarks), or the U.S. Copyright Office (for copyrights), owners can record said trademark or copyright with CBP. This additional step grants CBP additional enforcement power in both seizing counterfeit and piratical goods as well as thereafter issuing penalties for the MSRP value of the goods. In previous blog posts, we explained benefits of taking the extra step of recording your registered trademark or copyright with CBP,...
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