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.
GTC Repost

Why Trade Is Evolving, Not Going Away

Trade Evolving
By Francisco Aristeguieta Anyone focused exclusively on the bold headlines and market moves of 2018 can be forgiven for concluding that trade is doing more than just rattling markets. To some, these moves signal the demise of an economic framework based on trade and globalization, which has underpinned economic growth and progress for decades. Overseeing the Asia Pacific region, and responsible for our fast-growing franchise in some of the world’s most dynamic markets, I am...
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Chaos is Good for 3PL Providers

3PLs
By Chris Dupin It’s a good time for 3PLs when capacity is tight and supply chains are speeding up. That’s 10 percent of global logistics costs, according to consultants Armstrong & Associates, and a leap from the $802 billion recorded in 2016.    Armstrong & Associates said in 2017, gross 3PL revenues in the United States increased 10.5 percent year-over-year to reach $184.3 billion and are expected to be close to $200 billion this year....
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China Rolls Out Measures to Ease Import and Export Restrictions

China
By Weida Li China rolled out measures to further its opening-up policy and boost trade at a Li Keqiang-chaired executive meeting of the State Council in Beijing on Tuesday. In order to maintain steady growth in both the import and export sectors, China will advance trade facilitation by shortening its customs clearance times, reducing the costs involved and minimising the documents required. In addition, companies will be able to get customs clearance documents processed online...
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GTC Repost

How Trump Split Mexico and Canada in NAFTA Talks

NAFTA
MEXICO CITY (Reuters) - A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from U.S. President Donald Trump. But Trump had something more important on his mind: Would Mexico’s new president consider a bilateral trade deal? Lopez Obrador responded he would be “open to the possibility” in the absence of a trilateral agreement that also included Canada, said Hector Vasconcelos, a foreign policy advisor to Lopez Obrador’s campaign...
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U.S. Import Prices Post Largest Drop in More Than One and A Half Years

Prices
WASHINGTON (Reuters) - U.S. import prices recorded their biggest drop in more than 1-1/2 years in August amid declines in the cost of fuels and a range of other goods, suggesting a strong dollar was curbing imported inflation pressures. The Labor Department said on Friday import prices fell 0.6 percent last month. That was the largest decline since January 2016 and followed a downwardly revised 0.1 percent dip in July. Import prices were previously reported...
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GTC Repost

Why We Should Train Workers Like We Train Machine Learning Algorithms

G18N-Sep-Learn-W
By Makada Henry-Nickie The evolution of workforce opportunity in the United States depends on the future of education and our commitment to far-reaching, equitable federal reform. Unfortunately, policy conversations at the federal and state levels about transforming education systems to meet future workforce demands have focused disproportionately on a skills agenda, largely ignoring behavioral competencies that often complement and enhance the value of technical skills. This misguided approach equates 21st-century workforce development with skills acquisition, which...
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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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Jennifer Diaz

2018 CTPAT Conference Dates Announced!

2018 CTPAT Conference Dates Announced!
U.S. Customs and Border Protection is proud to announce the 2018 CTPAT Conference. The conference will be held in Orlando, Florida. The conference will be September 12 and 13, 2018.  September 12, 2018, will be general session with multiple speakers and panel discussions.  September 13, 2018, will be a day of workshops.  Both days will begin at 8:00 am and conclude around 5:30 pm.  An agenda will not be provided ahead of the conference.  Agendas...
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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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Jennifer Saak

EAR vs. ITAR Compliance: Can You Name 5 Differences?

EAR vs. ITAR Compliance: Can You Name 5 Differences?
Compliance to the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR) are rooted in the same concept behind many government regulations:  Sometimes you need to ask the government for permission before doing something. Especially if that “something” can potentially endanger others…even if your particular activity means no harm.  The tricky part is figuring out when you need to ask for permission.   #1:  Who’s in Charge? While both the EAR and ITAR are...
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Automated Compliance: Allied's Stock-in-Trade

G18N-Aug-AUTOCOMP-W
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

US-WhiteHouse-Resize-Blog
White House Office of Trade and Manufacturing Policy June 2018 [Download Report]
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NeilAbt

Cybersecurity a Top Concern as Automated Technologies Gain Traction

Cybersecurity
Cybersecurity must be a priority as manufacturers begin rolling out more automated driving systems, transportation industry groups told the Federal Motor Carrier Safety Administration. The agency closed a public comment period last month focused on regulations may need to be modified or eliminated to facilitate the safe introduction of automated driving systems in commercial vehicles. The  National Motor Freight Traffic Association  (NMFTA) called on these new vehicle systems to “undergo annual cyber security evaluations before...
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Abha Bhattarai

Almost All Shoes Sold in the U.S. Are Imported- Now the Industry Is Terrified of Tariffs

Vans
Vans, the 52-year-old brand best known for its unassuming slip-on sneaker, is on a tear. Vans' annual revenue topped $3 billion last year, up nearly tenfold from a decade earlier, propelled in part by cheap and plentiful manufacturing in Asia. But looming tariffs could ground Vans and other footwear brands. Ninety-eight percent of shoes are manufactured abroad, with nearly three-quarters of those imports coming from China, according to the American Apparel & Footwear Association, making...
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Center for Automotive Research

Trade Briefing: Consumer Impact of Potential U.S. Section 232 Tariffs & Quotas on Imported Automobiles & Automotive Parts

CAR
The U.S. Department of Commerce is currently investigating whether U.S. automobiles and automotive parts constitute a national security threat under Section 232 of the Trade Expansion Act of 1962, as amended. The Center for Automotive Research (CAR) estimates that consumers will see the price of all new vehicles rise by $455 to $6,875 depending on the level of tariff or quota, where the vehicle was assembled, and whether the policy provides exemptions for automotive trade...
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Jennifer Diaz

U.S. issues additional Chinese Tariffs – Is Your Product on the List?

Product Tariff List
On June 15 , President Trump kept true to his  May 29th promise  of imposing additional tariffs against Chinese goods. The Office of the United States Trade Representative (USTR) has officially released the “ Section 301 Product List ”. The additional duties are effective on or after July 6, 2018. History We previously proved advised our readers of  President’s Trump directive is based upon the USTR Findings of the Investigation into China’s Acts, Policies, and Practices...
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Rick Chappel

Tariffs: Manufacturers are Ill-equipped for Raw Material Cost Hikes

Tariffs: Manufacturers
The import tariffs on steel and aluminum, as  confirmed  by President Trump on May 31, exacerbated worries for B2B manufacturers—and their customers. The implications for  employment  and the  economy  are significant, but most manufacturers are also grappling with practical questions, such as: How will this impact my per-unit costs? How can we effectively pass these changes on? How will customers react to an across-the-board price increase? How can we hold the line on margin erosion...
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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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Niall McCarthy

Where Fireworks Are From In the US [Infographic]

fireworks
For people aiming to "buy American" for Independence Day this year, it might prove difficult to obtain U.S.-manufactured fireworks. Most of the bottle rockets, roman candles and other fireworks on sale across the country trace their origin to  China . Last year, China accounted for nearly 96 percent of total U.S. fireworks imports, amounting to approximately $268 million, according to  website ValuePenguin .  Given that there are almost  14,000 fireworks displays  every 4th of July,...
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