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.
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U.S., Mexico reach NAFTA deal, turn up pressure on Canada

U.S., Mexico reach NAFTA deal, turn up pressure on Canada
  WASHINGTON (Reuters) - The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact.  Auto stocks soared and the S&P 500 and the Nasdaq rallied to record highs on the expectation that Canada would sign onto the deal and ease the economic uncertainty caused by...
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USTR Finalizes Second Tranche of Tariffs on Chinese Products in Response to China’s Unfair Trade Practices

USTR Finalizes Second Tranche of Tariffs on Chinese Products in Response to China’s Unfair Trade Practices
Washington, DC (USTR.GOV) – The Office of the United States Trade Representative (USTR) released a list of approximately $16 billion worth of imports from China that will be subject to a 25 percent additional tariff as part of the U.S. response to China’s unfair trade practices related to the forced transfer of American technology and intellectual property.  This second tranche of additional tariffs under Section 301 follows the first tranche of tariffs on approximately $34...
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Automated Compliance: Allied's Stock-in-Trade

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Written by By Jennifer Baljko | INBOUND LOGISTICS  Automating global trade compliance helps electronics component distributor Allied Electronics & Automation nail its screen test. Companies in the import/export business dread the day when a customs official knocks on the door and questions their shipping policies. That day came for distributor Allied Electronics & Automation a few years ago. Allied stocks about 150,000 electronics, automation, and electromechanical products at its Fort Worth, Texas, distribution center. Its core portfolio...
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CBP to Audit Safeguard AD/CVD Goods

CBP to Audit Safeguard AD/CVD Goods
By Brian Bradley| Adam Smith Project Imports subject to both a safeguard tariff and an antidumping or countervailing duty order will be a focus for regulatory auditors.  U.S. Customs and Border Protection soon will deploy informed compliance measures to guide the trade community in complying with recently imposed safeguard tariffs.    Thomas Jesukiewicz, field director of the CBP’s Long Beach, Calif., office, made the announcement during the agency’s 2018 Trade Symposium in Atlanta last Wednesday. He...
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How China’s Economic Aggression Threatens the Technologies & Intellectual Property of the US & the World

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White House Office of Trade and Manufacturing Policy June 2018 [Download Report]
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Site Selection/Ports Update: Rising Economic Tide Boosts North American Ports

ports
By Derik Andreoli, Director of Economic Analysis and Forecasting, Mercator International The logistics landscape is ever-evolving as shippers adopt new supply chain strategies and adapt to diverse and variable market pressures.  Ports , too, are adapting to succeed in today’s changing market and rise to the challenges associated with the rapid upsizing of container ships (see sidebar). And in this global and expanding e-commerce world, the choice of where shippers locate  distribution center (DC)  operations...
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Contracts with Foreign Companies May Require a Rewrite

Contracts
Hwan Kim | Neil A.F. Popović | Sheppard Mullin Law Firm A recent California case may force companies doing business with foreign entities to reconsider—and maybe rewrite—their contracts. In  Rockefeller Tech. Invs. (Asia) VII v. Changzhou Sinotype Tech. Co. , No. B272170, 2018 WL 2455092 (Cal. App. June 1, 2018), the California Court of Appeal held that parties may not contract around the formal service requirements of the Convention on the Service Abroad of Judicial...
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World Cup Better Than Expected for Logistics

World Cup
Automotive Logistics | Vladislav Vorotnikov The FIFA World Cup 2018 has caused a temporary shortage of transport capacities in certain regions of Russia, with a local rise in tariffs and some delays at customs, according to Irina Novikova, the inland transport department director of Gefco. However, fears of Russia ceasing to import automotive components including spare parts from May 25 to July 25, due to severe security measures, have proved unfounded. Novikova said that restrictions...
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Global State of Supply Chain Security: Evolving Threats

Global Supply Chain
  This is Part One of a three-part interview | Kristina Tanasichuk World Customs Organization Director of Compliance and Facilitation Ana Hinojosa brought 28 years of customs experience to the global body when elected to her post in 2015. The former U.S. Customs and Border Protection deputy assistant commissioner-international affairs also served as director of field operations for the El Paso Field Office from 2008 to 2013 and as area port director for Los Angeles International...
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Why is Trade Compliance operating like its 1999?

AAEI
Reflections on AAEI 2018 – Why is Trade Compliance operating like its 1999? As always AAEI puts together an agenda that is meaningful for the trade compliance community.  The sessions are highly informative and relevant to the current trade environment and provide really good insights into what CBP, Commerce, and the PGAs are working on. However, my biggest take away from AAEI was not the information from the sessions.  The overriding impression that I was...
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New China Customs Advance Manifest Rules Effective June 1, 2018

NewChinaRules
Effective June 1, 2018, additional manifest-related data must be provided to the Chinese General Administration of Customs China (GACC) for inbound and outbound shipments to China for all modes of transportation. Chinese Customs will require more detailed information including: Shipper’s business registration code and phone number Consignee’s business registration code and phone number, and contact name and phone number For “To order” shipments, notify party’s business registration code and phone number The type of required...
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What Is LCL Shipping?

LCL FCL
By Rieva Lesonsky Importing products from China is a great way for a small business to diversify their product offerings, stay on top of trends and reduce costs. However, in order to maintain your profit margins, it’s important to understand and manage your shipping costs. Today’s shipping lesson: What is LCL shipping, and how can it benefit your business? LCL shipping vs. FCL shipping When goods are shipped by ocean freight, you have the choice...
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Cuba-U.S. Relations: The Rapprochement Slows Down

Cuba
Written by Alejandro E. Moreno | Sheppard, Mullin, Richter & Hampton LLP Soon after Fidel Castro overthrew the government of Cuba to found a communist state in 1959, Cuba began nationalizing U.S-owned properties in Cuba. In response, the U.S. implemented trade restrictions, closed its embassy in Havana, broke official diplomatic relations with Cuba, and attempted to overthrow the Cuban government. The U.S. also declared a trade embargo on Cuba in 1960, which severely hampered the...
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Ecommerce Logistics Costs Set to Rise

Logistics
Ecommerce logistics  costs as a proportion of sales look set to rise in the coming years, driven by an increase in the volume of returns, a higher proportion of premium deliveries, and the cost of labor, according to the findings of an ecommerce logistics survey released by Transport Intelligence. 108 retailers and logistics companies around the world took part in the survey which was conducted over the holiday period in 2017-18. Despite the cost increases...
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Remedy These 5 Bad Practices For Managing Global Freight

GLOBAL FREIGHT
By Phil Marlowe As supply chain professionals, we live in a world of unprecedented connectivity where partners collaborate seamlessly, in real time, to make faster, better decisions on production, inventory and shipping. And then there is global freight management. Here, clerks manually enter shipment data and that data gets shared – as emails, spreadsheets and shipping documents – among factories, freight forwarders and carriers. It’s an appallingly inefficient and manual process that can result in...
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As NAFTA Talks Continue, Your Hamburger Hangs In The Balance

NAFTA HAMBURGER
The Washington Post | By  Caitlin Dewey   Few meals are more American than a burger and fries, the combo McDonald’s made globally famous. But few Americans probably realize how much the affordability of that classic meal depends on a free-trade agreement. French fries from Canada. Tomatoes from Mexico. Beef sourced from a supply chain that crosses all three countries. When it comes to dinner, there's plenty at stake in the North American Free Trade Agreement,...
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U.S. Imports Of Fresh-cut Flowers

IMPORT FLOWERS
U.S. imports of Fresh-cut flowers increased 5 percent from $1.05 billion to $1.1 billion through the first 11 months of 2017 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data. The category ranked 279 through November among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 271 for the last full year with a total value of $1.13 billion, a...
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Incoterms 2010: How To Use Them In A Contract

CONTRACT INCOTERMS
By Simon Minett Common errors made by importers and/or exporters in the use of Incoterms in contracts  Despite the fact that Incoterms were developed to simplify international transactions and to make their application in international trade more precise, there are still a number of reasons why they often fail to achieve their intended purpose. In most cases, it is due to lack of knowledge of the terms as well as inaccuracy and even too little...
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Chocolate Exporters by Country

CHOCOLATE EXPORT
Global sales from chocolate exports by country amounted to US$26.4 billion in 2016. Overall, the value of chocolate exports were up by an average 10.6% for all exporting countries since 2012 when chocolate shipments were valued at $23.9 billion. Year over year, the value of exported chocolate increased by 2.8% from 2012 to 2016. Among continents, European countries accounted for the highest dollar in chocolate exports during 2016 with shipments amounting to $19.3 billion or...
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US Company Settles Whistleblower Lawsuit, Pays for Importer’s Customs Fraud

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Prosecution a Warning to US Companies That Source Goods From Abroad Written by Mark Strauss Federal prosecutors in New York recently  announced the settlement  of a remarkable lawsuit relating to a scheme to evade import duties. The case involved an importer’s undervaluation of apparel to pay less duties than were really owed. The settlement that prosecutors reached, however, was not with the importer, but its customer. Notations, Inc., a Pennsylvania womenswear wholesaler, agreed to pay...
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